[SMM afternoon Review] Tianjin Zinc: Tianjin maintains the shipment of Shengtie Water yesterday, but the transaction is still light.

Published: Jul 7, 2020 11:27

SMM7, March 7:

The mainstream trading of zinc ingots in Tianjin market was 16900mur16960 yuan / ton, Zijin was traded at 17000mur17030 yuan / ton, Huludao was quoted at 18200 yuan / ton, Zinc was generally quoted around RMB130 / ton to 160yuan / ton for 2007 contract, Zijin was quoted around 230yuan / ton for July contract, and the Tianjin stock market remained at around 60,000,000 yuan / ton compared with Shanghai stock market. Today, the concussion of zinc in Shanghai is weakening, and the spot market maintains a rising discount price, which is relatively uniform. The ordinary brand Bering News quoted a rise of 140 yuan per ton for the 07 contract, and Hongyi quoted a rise of 160 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 230 yuan per ton for the July contract, and Baiyin quoted a rise of 130 yuan per ton for the 07 contract. Yunxi Daily quoted 100 yuan / ton of water for 07 contract, Xikuang (delivered) quoted 120 yuan / ton of water for 07 contract, fourth Ring Road (delivered) quoted 120 yuan / ton of water for 07 contract, KZ quoted 70 yuan / ton of water for 07 contract, and Harbin Zinc (including depot) quoted 60 million yuan / ton for 07 contract. Today, zinc prices remain volatile, low-cost brand zinc ingots maintain rising water quotation, under poor delivery, some brands downgrade and raise discount, while high-price Zijin brands raise sticker water shipments due to less spot market volume; downstream, still maintain the need for weak procurement, the overall willingness to receive goods is general, mainly to low-cost brands to receive goods. On the whole, today's turnover is slightly weaker than yesterday. Zinc ingots were sold at around 16,800Muth16840 yuan / ton.

Brand

Discount (11:15)

Chi Hong

Hong Ye

Seven hundred and sixty

Lark

740

Purple gold

7: 230

Huludao

71400

Silver

7: 130

Fourth Ring Road (delivered)

7: 120

West Mine (delivered)

7: 120

Yunnan tin

Seven hundred

KZ/YP

7: 70

Ha Zinc (exempt from the library)

7, 60, 60, 70.

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[SMM afternoon Review] Tianjin Zinc: Tianjin maintains the shipment of Shengtie Water yesterday, but the transaction is still light. - Shanghai Metals Market (SMM)