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January 20 Tianjin Zinc spot News: there are few transactions in the downstream and traders' vacation market.

iconJan 20, 2020 12:02
Source:SMM
SMM January 20, Tianjin market zinc ingots traded in 1826019200 yuan / ton (high price including Huludao), of which the mainstream brand transaction in 18260-18330 / ton, the 2002 contract discount 50 yuan / ton to 30 yuan / ton discount, Tianjin market discount in Shanghai around 200 yuan / ton.

SMM January 20, Tianjin market zinc ingots traded in 1826019200 yuan / ton (high price including Huludao), of which the mainstream brand transaction in 18260-18330 / ton, the 2002 contract discount 50 yuan / ton to 30 yuan / ton discount, Tianjin market discount in Shanghai around 200 yuan / ton. Smelters ship normally, most downstream and traders have taken vacations, market quotations are scarce and there is little trading. On the market, the high-priced brand quotation is about 50 yuan / ton to the 02 contract, but the promotion of the rising water is limited, only a small number of transactions; the ordinary brand quotation is concentrated in the 02 contract discount 50 to 30 yuan / ton, almost no deal. Today, zinc prices shock finishing, rising water continues to decline, the vast majority of downstream in a shutdown holiday state, most traders are also on holiday in recent days, trading is rare. Overall, the deal was extremely light today. Zi Zijin, Hongye, Bailing, Chi Hong, Xikuang, etc., were traded near 18260-18330 yuan / ton.

 

Zinc

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