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[SMM afternoon Review] Zinc in Shanghai: the price of zinc is higher and the market is mainly wait-and-see. Turnover is weak.
Jul 10,2020 11:52CST
translation
Source:SMM
SMM7 March 10: Shanghai Zinc mainstream traded at 17680 RMB17750 / ton, Shuangyan and Chihong traded at 17710 RMB17780 / ton, Shuangyan and Chihong reported water at 30MZ / ton in August, Shuangyan and Chihong reported Shengshui 70RMB / ton in August, and Shuangyan and Chihong traded at 16600RMB16680 / ton.
The content below was translated by Tencent automatically for reference.

SMM7 March 10:

Shanghai Zinc mainstream traded at 17680 RMB17750 per ton, while Shuangyan and Chihong traded at 17710 RMB17780 per tonne; Zinc Shuangyan and Chihong generally reported a rise of 30 RMB40 per ton in August; Shuangyan and Chihong quoted a price of 60rel per tonne in August; and Shuangyan and Chihong traded at 16600Mel 16680 yuan per ton. The Shanghai Zinc 2008 contract closed at 17685 yuan / ton in the morning market after the initial rally. The smelter shipped normally, and the traders mainly shipped. The zinc price further increased, and the market quotation gradually fell back to about 40 yuan / ton of rising water. The receiving of the goods was not good, the market wait-and-see mood was strong, and the acceptance of the high price was still low. Some traders received the goods at a low price in the second trading session. The market transaction was transferred to about 30mura 35 yuan / ton. The lower reaches of the weekend just needed to purchase, and the traders considered dumping the goods at a low cost. Overall turnover remains weak.

"Brand"

Transaction interval

2008

Shuangyan and Chihong

17710Mutual 17780

60 am 70

Qin Zinc and Yuguang

17680Mutual 17750

30: 40

SMC 、 YP 、 KZ

17670Mutual 17740

20Mutual 30

 

Zinc
in the afternoon

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