SMM1 14 Shanghai zinc ingot spot: zinc price high down spot rising water rebounding

Published: Jan 14, 2020 11:51
SMM January 14: Shanghai Zinc mainstream transaction in 18250-18270 yuan / ton, Shuangyan transaction in 18260,18270 yuan / ton; Shuangyan ordinary February reported water 110-120 yuan / ton; Shuangyan reported water 110-130 yuan / ton in February; Zinc mainstream transaction in 18180-18200 yuan / ton. Shanghai

SMM, 14 Jan:

The mainstream transaction of zinc in Shanghai was 18250-18270 yuan / ton, and that of Shuangyan was 18260-18270 yuan / ton, that of zinc was 110-120 yuan / ton in February, that of Shuangyan was 110-130 yuan / ton in February, and that of zinc was 18180-18200 yuan / ton. Shanghai zinc 2001 shock downward, the first trading session in the morning closed at 18140 yuan / ton. In the first trading session, the holder took the initiative to lower the price of rising water in the morning. The ordinary zinc brand reported a rise of 90-100 yuan / ton to the 2002 contract, and the market transaction was poor. After entering the second period, the zinc price stabilized, the spot zinc rose to a low level, and the ordinary brand zinc basically followed up to 110-120 yuan / ton for the 2001 contract. Zinc prices fluctuated and fell back, holders are still mainly shipments, today some downstream still have procurement demand, but the overall procurement has been weaker than a few days ago.

Qiao brand

Transaction interval

2002

SMC

18230-18260

Water 100

Huize

18260-18270

Litre 110-130

Double swallow

18260-18270

Litre 110-130

Qin Zinc, Kirin, Jiulong

18250-18270

Litre 110-120

Treasure emblem

18180-18210

Water 50


 

 

 

 

 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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