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[SMM afternoon Review] Shanghai Zinc: spot rising Water Enterprises stabilize Market transactions pick up slightly
Jul 1,2020 12:00CST
SMM June 30: Shanghai Zinc mainstream traded at 16870 Mel 16910 yuan / ton, Shuangyan and Chihong at 16890 Mel 16920 yuan / ton; Zinc Shuangyan and Chihong reported a rise of water at 80,590 yuan / ton in July; Shuangyan and Chihong reported a liter water of 90rel yuan / ton in July; and Zinc mainstream traded at 16800 RMB16840 / ton.
The content below was translated by Tencent automatically for reference.

SMM, June 30th:

The mainstream transaction of zinc in Shanghai was 16870 RMB16910 / ton, while that of Shuangyan and Chihong was 16890 RMB16920 / ton. Shuangyan and Chihong reported rising water in July at 80mur90 yuan / ton. Shuangyan and Chihong quoted water at 90rel yuan / ton in July, and Shuangyan and Chihong traded at 16800rel 16840 yuan / ton. Shanghai Zinc 2007 contract after strong intraday shock after finishing operation, the morning market closed at 16815 yuan / ton. The smelter shipped normally within the day, and the traders mainly shipped. At the beginning of the morning market, the market reported a rise of 90 yuan per ton, with a small number of transactions. With the zinc price rising, the transaction became worse, and the market quotation was lowered to about 80 cents per ton, or the average price was about 5 yuan per ton, while the rising water was about 80 yuan per ton. There were a small number of transactions, and the market further lowered the quotation willingness to lower the quotation, and the rising water remained stable. While Shuangyan, Chi Hong quoted rising water 90mur10 yuan / ton, due to Chi Hongcargo volume is lower, quoted price higher than Shuangyan 5mur10 yuan / ton, and import circulation gradually reduced, SMC quoted rising water 60MZ 70 yuan / ton or so, with the support of price difference, the downstream is not reduced in favor of imports, but the overall procurement to maintain the on-demand rhythm, replenishment is more cautious, the overall intraday turnover is slightly warmer than yesterday.


Transaction interval


Shuangyan and Chihong

16890Mutual 16920

90Murray 110

Qin Zinc and Yuguang

16870Mutual 16910

80When 90


16850Mutual 16890

60 am 70

in the afternoon

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