SMM5 29 zinc ingots from stock in Shanghai

Published: May 29, 2020 11:50
SMM May 29th: Shanghai Zinc mainstream traded at 16460 Mel 16510 yuan / ton, Shuangyan and Huize traded at 500Mel 550 yuan / ton; Zinc Shuangyan and Huize reported water 120Mb 130 yuan / ton in June; Shuangyan and Huize reported water 160murt yuan / ton in June; and Zinc mainstream traded 16380 RMB16440 / ton.

SMM, May 29th:

The mainstream transaction of zinc in Shanghai was 16460 Mel 16510 yuan / ton, while that of Shuangyan and Huize was 500 won 550 yuan / ton. Shuangyan and Huize reported 120 won per ton of water in June; Shuangyan and Huize reported 160 won per ton of water in June; and Shuangyan and Huize sold 16380tel 16440 yuan per ton. Shanghai Zinc 2006 contract fell after the shock higher, the morning market closed at 16395 yuan / ton. Smelter shipments are normal, traders are mainly shipments, the morning market from rising water 140 yuan / ton down to rising water 130 yuan / ton, transaction feedback is few, some traders take the initiative to adjust prices to 120 yuan / ton to promote transactions, but the market follows the price adjustment force is less, another part of the average price-5 / average price transaction is OK. Into the second trading session, the market quotation is basically flat in the first trading session, the market trading is flat, the bearish mood is dominant, the downstream purchasing enthusiasm has declined compared with yesterday, and the overall trading within the day is basically flat compared with yesterday.

"Brand"

Transaction interval

2006

Shuangyan and Huize

16500Mutual 16550

160Mutual 170

Qin Zinc and Yuguang

16460 Mutual 16510

120Mu 130

SMC 、 YP

16450 Mutual 16490

100 won 120

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Improved Macro Sentiment, LME Zinc Rebounded From Lows [SMM Zinc Morning Meeting Summary]
4 hours ago
Improved Macro Sentiment, LME Zinc Rebounded From Lows [SMM Zinc Morning Meeting Summary]
Read More
Improved Macro Sentiment, LME Zinc Rebounded From Lows [SMM Zinc Morning Meeting Summary]
Improved Macro Sentiment, LME Zinc Rebounded From Lows [SMM Zinc Morning Meeting Summary]
[SMM Zinc Morning Meeting Summary: Macro Sentiment Improved, LME Zinc Rebounded From Lows]: Overnight, LME zinc opened at $3,040.5/mt. After the opening, LME zinc fluctuated rangebound. During the session, LME zinc quickly surged to a high of $3,183/mt, then rapidly pulled back to around the daily average line, and subsequently fluctuated upward along the daily average line, finally closing higher at $3,103/mt, up $47/mt, or 1.54%···
4 hours ago
China’s Zinc Ingot Inventory Continued Destocking on Monday, SHFE Zinc Center Moved Higher [SMM Zinc Morning Comment]
4 hours ago
China’s Zinc Ingot Inventory Continued Destocking on Monday, SHFE Zinc Center Moved Higher [SMM Zinc Morning Comment]
Read More
China’s Zinc Ingot Inventory Continued Destocking on Monday, SHFE Zinc Center Moved Higher [SMM Zinc Morning Comment]
China’s Zinc Ingot Inventory Continued Destocking on Monday, SHFE Zinc Center Moved Higher [SMM Zinc Morning Comment]
[SMM Zinc Morning Comment: China’s Zinc Ingot Destocking Continued on Monday, and the Center of SHFE Zinc Moved Upward] Overnight, the most-traded SHFE zinc 2605 contract opened at 22,960 yuan/mt. After the opening, SHFE zinc fluctuated around the daily average line. In early trading, SHFE zinc dipped to 22,915 yuan/mt, and during the session, it touched a high of 23,150 yuan/mt, before finally closing up at 23,075 yuan/mt..
4 hours ago
The "Golden March" Peak Season Is Gradually Expected to Materialize. [SMM Analysis]
19 hours ago
The "Golden March" Peak Season Is Gradually Expected to Materialize. [SMM Analysis]
Read More
The "Golden March" Peak Season Is Gradually Expected to Materialize. [SMM Analysis]
The "Golden March" Peak Season Is Gradually Expected to Materialize. [SMM Analysis]
As expectations for the peak-season demand in the “Golden March” gradually begin to materialize, galvanizing operating rates are rising. Can downstream consumption sustain its peak-season performance going forward?
19 hours ago
SMM5 29 zinc ingots from stock in Shanghai - Shanghai Metals Market (SMM)