[SMM afternoon Review] Shanghai Zinc: the spot quotation for weak transaction is slightly adjusted downwards.

Published: Jul 3, 2020 12:07

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SMM7 March 3: Shanghai Zinc mainstream traded at 16800 Mel 16860 yuan / ton, Shuangyan and Chihong at 16810 RMB16870 / ton; Zinc Shuangyan and Chihong reported water at 75MZ 80 yuan / ton in July; Shuangyan and Chihong reported water rising 80 yuan / ton in July; and Zinc mainstream traded at 16720 RMB16780 / ton.

SMM7, March 3:

The mainstream transaction of zinc in Shanghai was 16800 Mel 16860 yuan / ton, Shuangyan and Chihong 16870 yuan / ton, Shuangyan and Chihong reported water 75 won 80 yuan / ton in July, Shuangyan and Chihong reported water 80 RMB90 / ton in July, and Shuangyan and Chihong traded 16720 RMB16780 / ton. The Shanghai Zinc 2007 contract fluctuated within a narrow range, and the morning market closed at 16750 yuan / ton. Smelter normal shipments, traders are mainly shipments, the morning market quotation remained stable at about 80 yuan / ton, weak transaction price was lowered to about 75 yuan / ton, some understated to about 70 yuan / ton, but the transaction did not improve, the overall transaction is still weak, downstream to maintain on-demand procurement, Shuangyan, Chihong, import quotation is about 10 yuan / ton lower than yesterday, the overall transaction is slightly worse than yesterday.

"Brand"

Transaction interval

2007

Shuangyan and Chihong

16810Mutual 16870

80When 90

Qin Zinc and Yuguang

16800Mak 16860

75Mutual 80

SMC 、 YP 、 KZ

16770Mutual 16840

40 murals 60

Zinc in the afternoon

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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