[SMM afternoon Review] Tianjin Zinc: traders maintain the quotation for rising sticking water, and the transaction is mediocre today.

Published: Jul 02, 2020 11:30 (GMT+8)

SMM7, March 2:

The mainstream turnover of zinc ingots in Tianjin market was 16860mur16900 yuan / ton, Zijin was traded at 16910murmur16930 yuan / ton, Huludao was quoted at 18000 yuan / ton, Zinc was generally quoted around RMB 130 / ton to 150 yuan / ton in the contract of 2007, and Zijin was quoted around RMB180 / ton in the contract in July, and the price of water in Tianjin rose from 50 yuan / ton to 60 yuan / ton compared with Shanghai stock market. Today, the low level of zinc in Shanghai fluctuates, the spot market maintains a rising discount price, and the price is relatively uniform. The ordinary brand Bering News quoted a rise of 130 yuan per ton for the 07 contract, and Hongyi quoted a rise of 150 yuan per ton for the 07 contract. Chi Hong quoted a rise of 130 yuan per ton for the 07 contract, while the high-priced brand Zijin quoted a rise of 180 yuan per ton for the July contract, and Baiyin quoted a rise of 150 yuan per ton for the 07 contract. Yunxi Daily quoted a rise of 70 yuan per ton for the 07 contract, Xikuang (delivered to) quoted a rise of 60 million yuan per ton for the 07 contract, KZ/YP quoted a rise of 100 yuan per ton for the 07 contract, and Harbin Zinc (including the depot) quoted a rise of 40 yuan per ton for the 07 contract. Today's zinc price low shock, superimposed Zijin factory today did not ship, traders Zijin brand price shipment, other brands maintain yesterday's quotation, overall shipments; downstream, today's zinc disk is slightly weaker, however, the absolute price decline is not large, the overall delivery is still in need of weak procurement. On the whole, today's transaction is the same as that of yesterday. Zinc ingots traded at around 16750 Mill 16770 yuan per ton.

Brand

Discount (11:15)

Chi Hong

Hong Ye

Seven hundred and fifty

Lark

7: 130

Purple gold

7: 180

Huludao

7: 1260

Silver

Seven hundred and fifty

West Mine (delivered)

7, 60, 60, 80.

Yunnan tin

7: 70

KZ/YP

Seven hundred

Ha Zinc (exempt from the library)

740

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.

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[SMM afternoon Review] Tianjin Zinc: traders maintain the quotation for rising sticking water, and the transaction is mediocre today. - Shanghai Metals Market (SMM)