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[SMM afternoon Review] Tianjin Zinc: the absolute price remains high and the transaction in Tianjin turns bad again.
Jul 8,2020 11:37CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7, March 8:

The mainstream trading of zinc ingots in Tianjin market was 16900mur16970 yuan / ton, Zijin was traded at 17000mur17040 yuan / ton, Huludao was quoted at 18170 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, Shanghai zinc remains volatile, the spot market maintains a rising discount price, and the price is relatively uniform. The ordinary brand Bering News quoted a rise of 150 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 80 yuan / ton of water for 07 contract, and Harbin Zinc (including depot) quoted 60PRI 70 yuan / ton for 07 contract. The price of Yun Tin News is 100 yuan / ton for 07 contract, 120 yuan / ton for 07 contract, 80 yuan / ton for 07 contract, 6070 yuan / ton for Harbin zinc (including out of storage). Today, zinc prices remain volatile, the rising discount has not changed, the recent transactions are poor, traders are weak, the brands only low price Chihong transaction is relatively good; downstream, today's market rose slightly, the absolute price has not changed, the downstream willingness to receive goods is weaker. On the whole, today's turnover is weaker than that of yesterday. Zinc ingots were sold at around 16,800Muth16850 yuan / ton.

Brand

Discount (11:15)

Chi Hong

Hong Ye

Seven hundred and sixty

Lark

Seven hundred and fifty

Purple gold

7: 230

Huludao

7: 1360

Silver

7: 130

Fourth Ring Road (delivered)

7: 120

West Mine (delivered)

7: 120

Yunnan tin

Seven hundred

KZ/YP

780

Ha Zinc (exempt from the library)

7, 60, 60, 70.

Zinc

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