January 7 Tianjin zinc spot newsletter: Shanghai-Tianjin price gap once again widened some of the supply to Shanghai

Published: Jan 7, 2020 12:07
SMM January 7, Tianjin market zinc ingots traded in 18210-1930 yuan / ton (high price including Huludao), of which the mainstream brand transaction in 18210-18330 / ton, the 2001 contract rose to 60,150 yuan / ton, Tianjin market compared with Shanghai market expanded from 160yuan / ton to 250yuan / ton.

SMM January 7, Tianjin market zinc ingots traded in 18210-1930 yuan / ton (high price including Huludao), of which the mainstream brand transaction in 18210-18330 / ton, the 2001 contract rose to 60,150 yuan / ton, Tianjin than Shanghai market expanded from 160yuan / ton to 250yuan / ton, the price gap between the two places widened again, goods began to be shipped to Shanghai, the circulation of goods on the market slightly tightened. In the market, the high-priced brand quotation is concentrated in the 01 contract rising water 120-150 yuan / ton, the transaction condition is relatively cold; the ordinary brand quotation is about 60-90 yuan / ton to the 01 contract, the transaction is also relatively light. Today, zinc prices are strong, rising water has also risen slightly, the lower reaches have basically completed the pre-festival storage, gradually entered the production reduction or shutdown stage, only a small number of downstream is still in the need to buy, today's transaction is still weak. On the whole, the transaction today is basically flat compared with yesterday. Zi Zijin, Hongye, Bailing, Chi Hong, Xikuang and other transactions in 18210-18330 yuan / ton near.

 

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