Home / Metal News / Zinc / [SMM afternoon Review] Guangdong Zinc: futures prices rise sharply downstream fear of high just need to purchase
[SMM afternoon Review] Guangdong Zinc: futures prices rise sharply downstream fear of high just need to purchase
Jul 13,2020 12:01CST
translation
Source:SMM
SMM7 March 13: Guangdong Zinc mainstream traded at 17880, 18060 yuan / ton, the price concentrated on the Shanghai zinc 2008 contract discount of 10 yuan / ton to 20 yuan, the Guangdong market discount of 20 yuan / ton compared with the previous trading day narrowed 30 yuan.
The content below was translated by Tencent automatically for reference.

SMM7 March 13: Guangdong Zinc mainstream traded at 17880, 18060 yuan / ton, the price concentrated on the Shanghai zinc 2008 contract discount of 10 yuan / ton to 20 yuan, the Guangdong market discount of 20 yuan / ton compared with the previous trading day narrowed 30 yuan. In the first trading session, although futures prices were high and volatile, the futures spread widened next month, and the delivery limit price was approaching. The holders shipped at a relatively high price, and a small number of transactions were mainly done among traders. Kirin and Mongolia quoted prices for the August zinc contract in Shanghai, rising 10 Meng yuan / ton to flat water, and a small amount of Feilong discount 10 yuan / ton. In the second trading session, futures prices fluctuated upwards, the price of the holder was loose, but the range of adjustment was limited, and downstream fear of high just needed a small amount of purchase. Kirin and Mongolia quoted a price of 10 yuan / ton for the August contract of zinc in Shanghai, and a discount of 10 yuan / ton for blue zinc to Pingshui. Kirin, Tiefeng, Mengzi and mainstream traded at 17880 Mel 18060 yuan / ton.

Scan the QR code in the picture to sign up for the lead-zinc summit and fill in the personal information on the last page. The meeting staff will contact you later!

Zinc

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