Home / Metal News / Zinc / SMM7 7th Zinc Ingot in Shanghai
SMM7 7th Zinc Ingot in Shanghai
Jul 7,2020 14:04CST
translation
Source:SMM
SMM July 7: the spot price is high, the downstream high-price purchase intention is poor, the high price of the holder is mainly shipping, and the spot rising water performance is relatively weak.
The content below was translated by Tencent automatically for reference.

SMM, July 7:

The mainstream transaction of zinc in Shanghai was 16835mur16875 yuan / ton, Shuangyan 16895 yuan / ton, imported zinc 168150016855 yuan / ton; Shuangyan quoted water 60,070 yuan / ton in July; Shuangyan quoted water 80 yuan / ton in July, imported zinc quoted 40litre 50 yuan / ton in July, and zinc mainstream traded 16910rel 16940 yuan / ton. Shanghai Zinc 2007 contract fluctuated downward, the first trading session of Shanghai Zinc closed at 16770 yuan / ton in the morning market, the spot price rebounded slightly, the morning market trading was light, the shippers actively shipped, and the market transactions of ordinary zinc brands were concentrated on the average price discount of 50.10 yuan / ton to SMM net, and the market quotation rose 70 yuan / ton to 2007 contract in the morning, and then some consignors lowered the bid price to 60,065 yuan / ton. Entering the second period of time, the market quotation is relatively stable, and the holder keeps the price of rising water to 600.70 yuan / ton for the 2007 contract; the spot price is high, the willingness to purchase at the downstream high price is poor, and the high price of the holder is mainly for shipment. the performance of spot rising water is relatively weak.

 

Zinc
in the afternoon

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news