SMM6 11 zinc ingots from stock in Shanghai

SMM, June 11:

The mainstream transaction of zinc in Shanghai was 16750Muhl 16940 yuan / ton, Shuangyan 16770mur16960 yuan / ton, and imported zinc 16740,16920 yuan / ton. Zinc in Shanghai was quoted at 140,150 yuan / ton in July; Shuangyan quoted water at 160,170 yuan / ton in July, imported zinc in July at 120,0140 yuan / ton, and Shuangyan zinc mainstream traded at 16680,16870 yuan / ton in July. The main price of zinc in Shuangyan was 16680,16870 yuan / ton, while that of Shuangyan and Shuangyan in July was 16,750,16,940 yuan / ton and 16740,16920 yuan / ton respectively. The Shanghai Zinc 2007 contract rose rapidly in the morning, and the first trading session of the morning market closed at 16645 yuan / ton. as the price went up, the market trading was light, and the shippers accelerated shipments. the transaction of ordinary zinc brands in the market was concentrated on a discount of 50.10 yuan / ton on the average price of SMM net, followed by a price increase of 170yuan / ton on the 2007 contract in the morning, and then the holder quickly lowered the quotation to 140,150 yuan / ton on the 2007 contract. Entering the second period, the market quotation stopped falling and stabilized. The mainstream of the holder reported a rise of 140,150 yuan / ton for the 2007 contract. Spot prices have risen rapidly, trading in the trade market has deteriorated, mainly shipments, spot rising water has fallen at a high level, downstream procurement has obviously weakened, the current absolute price of zinc is higher, downstream procurement is still more cautious.