[SMM afternoon Review] Zinc in Tianjin: zinc prices are rising and falling downstream to keep purchasing just needed.

Published: Jul 14, 2020 11:34 (GMT+8)

SMM7 March 14:

The mainstream turnover of zinc ingots in Tianjin market was 18010mur1890 yuan / ton, Zijin was traded at 18060mur18120 yuan / ton, Huludao was quoted at 19320 yuan / ton, zinc common to 2008 contract quoted water 100 yuan / ton to 120 yuan / ton, Zijin to August contract quoted water 150 yuan / ton around, the Tianjin market rose from 40 yuan / ton to 60 yuan / ton compared with Shanghai market. Today, the price of zinc in Shanghai has gone up and down, and the discount price has been raised on the spot market, and the price is relatively uniform. The ordinary brand Bering News has quoted a rise of 100 yuan per ton for the 08 contract, and Hongyi has quoted a rise of 120 yuan per ton for the 08 contract. Chi Hong quoted a rise of 100 yuan per ton for the 08 contract, while the high-priced brand Zijin quoted a rise of 150 yuan per ton for the August contract, while Baiyin quoted a rise of 100 yuan per ton for the 08 contract. Yunxi Daily quoted a rise of 60 yuan per ton for the 08 contract, Sihuan (delivered to) quoted a rise of 70 yuan per ton for the 08 contract, and ha zinc (including the depot) quoted a rise of 60 yuan per ton for the 08 contract. Today, zinc prices have gone up and down, and traders have delivered goods at a positive price, but the overall transaction is not smooth, and there are also some traders selling goods at low prices. Downstream, the absolute price today has not changed much from yesterday, and the purchasing mood is still weak. On the whole, the turnover in Tianjin today is the same as that of yesterday. Zinc ingots were sold at around 17940 million yuan per ton.

Brand

Discount (11:15)

Chi Hong

Hong Ye

8120

Lark

8100

Purple gold

Eight hundred and fifty

Huludao

81350

Silver

8100

Yunnan tin

860

Fourth Ring Road (delivered)

8: 70

Ha Zinc (exempt from the library)

860

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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