SMM7 14. Shanghai zinc ingots are in stock.

Published: Jul 14, 2020 11:33
SMM July 14: spot prices fell, today's downstream procurement sentiment warmed up, spot rising water stopped falling and stabilized.

SMM, July 14:

The mainstream transaction of zinc in Shanghai is 17945murl 18045 yuan / ton, Shuangyan is 17950copyright 18060 yuan / ton, and imported zinc is 17920mm 18030 yuan / ton. Zinc in Shanghai is generally quoted at 45,00055 yuan / ton in July. Shuangyan quoted water at 60 yuan / ton in July, imported zinc in July at 30 yuan / ton, and zinc mainstream trade in 17875, 17975 yuan / ton. Shanghai Zinc 2008 contract fell rapidly, the first trading session of the morning market closed at 17930 yuan / ton, the late market shock consolidation, morning holders actively quoted shipments, the market ordinary zinc brand transactions concentrated in the SMM net average price discount of 5 yuan / ton, the market quotation morning to 2008 contracts up 50 yuan / ton, after some consignors reduced the rising water price to 40 yuan / ton, but some large households in the market low rising water to receive goods actively, then the spot rising water low stabilized; Entering the second period of time, the market quotation is relatively stable, the holder raised the price of rising water to 500.55 yuan / ton for the 2008 contract; the spot price fell, the purchasing mood in the lower reaches warmed up today, and the spot rising water stopped falling and stabilized.

 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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