SMM, May 22:
The mainstream transaction of zinc in Shanghai was 16460 Mel 16605 yuan / ton, Shuangyan and Chihong 16610 yuan / ton, Shuangyan and Chihong reported water 145 Mor 160 yuan / ton in June, Shuangyan and Chihong reported 150 Mel 160 yuan / ton in June, and Shuangyan and Chihong traded 16380 RMB16540 / ton. Shanghai Zinc 2006 contract shock bottomed out and rose again, closing at 16475 yuan / ton in the morning market. Zinc prices adjusted downwards, long orders entered the closing stage within the month, trading activity among traders did not decrease, and market transactions recovered obviously. in the morning market, domestic water rose about 150 yuan / ton, which was basically the same as yesterday, but the transaction was still dominated by the average price. part of the transaction was done by rising water 150 yuan / ton. Entering the second trading session, downstream inquiry procurement increased, and traders entered the market to buy, but the transaction price decreased slightly, focusing on about 150 yuan / ton of rising water, while the supplement decreased after the import window was closed, and imports of Spain and Belgium were gradually digested. There was more SMC circulation in the Shanghai stock market during the day, with a quotation of 120 million yuan per ton, while Shuangyan, Huize and other downstream brands traded at about 150 yuan per ton, with a small price difference. The actual consumption in the lower reaches of the day picked up significantly, and some of them were still weak in the future, showing caution in procurement, and the overall intraday turnover was better than that of yesterday.
"Brand"
Transaction interval
2006
Shuangyan and Chihong
16470Mutual 16610
150 per cent 160
Qin Zinc and Yuguang
16460Mutual 16605
145Mutual 150
SMC, Belgium, Spain
16440Mutual 16580
120Mu 130
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn