Home / Metal News / Zinc / [SMM afternoon Review] Shanghai Zinc: monthly difference narrowing quotation for monthly market transaction is mediocre
[SMM afternoon Review] Shanghai Zinc: monthly difference narrowing quotation for monthly market transaction is mediocre
Jul 8,2020 11:55CST
translation
Source:SMM
SMM7 March 8: the mainstream transaction of zinc in Shanghai was 16820 Mel 16880 yuan / ton, Shuangyan and Chihong 16870 yuan / ton; Zinc Shuangyan and Chihong reported a liter water of 75mur80 yuan / ton in August; Shuangyan and Chihong quoted a liter water of 8590 yuan / ton in August; and Shuangyan and Chihong quoted water at 16750 Mutual 16810 yuan / ton. The mainstream of zinc in Shanghai traded at 16820 million yuan per ton, while Shuangyan and Chihong traded at 16810 yuan per ton.
The content below was translated by Tencent automatically for reference.

SMM7, March 8:

The mainstream transaction of zinc in Shanghai was 16820 Mel 16880 yuan / ton, Shuangyan and Chihong 16870 yuan / ton, Shuangyan and Chihong reported water 75 RMB80 / ton in August, Shuangyan and Chihong reported water 8590 yuan / ton in August, and Shuangyan and Chihong traded 16750Mel 16810 yuan / ton. Shanghai Zinc 2008 contract intraday volatility higher, the morning market closed at 16800 yuan / ton. The smelter shipped normally, and the trader mainly shipped the goods. With the 07 mur08 contract price difference narrowed to about 10 yuan / ton, the trader quotation basically changed to 08 contract. The morning market quotation started at about 80 yuan / ton of rising water, and the initial transaction was slightly weak. Part of the quotation was lowered to about 75 yuan / ton of rising water, or the average price-5 was OK, but the transaction was warmed up in the later period, and the average price of flat water also contributed to the transaction. In the second trading session, the quotation rebounded to about 80 yuan / ton, while the downstream maintained on-demand procurement, and the overall transaction was flat.

"Brand"

Transaction interval

2008

Shuangyan and Chihong

16820 Mutual 16880

85 Mustang 90

Qin Zinc and Yuguang

16810Mutual 16870

75Mutual 80

SMC 、 YP 、 KZ

16780Mutual 16810

40: 50

 

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