Home / Metal News / Zinc / SMM7 16 Zinc ingots from stock in Shanghai
SMM7 16 Zinc ingots from stock in Shanghai
Jul 16,2020 12:03CST
translation
Source:SMM
SMM July 16: futures market zinc prices shock down, downstream on-demand procurement, market trading is still good, between trade low rising water hoarding desire is strong, spot rising water upward throughout the day.
The content below was translated by Tencent automatically for reference.

SMM, July 16:

The mainstream transaction of zinc in Shanghai is 17775murl 17915 yuan / ton, Shuangyan 17930 yuan / ton, and imported zinc 17730,17880 yuan / ton. Zinc in Shanghai is generally quoted for 850095 yuan / ton of water in August; Shuangyan quoted water 100 yuan / ton in August, imported zinc in August 50 yuan / ton; Shuangyan zinc mainstream traded at 17705rel 17845 yuan / ton. The main trade of zinc in Shanghai is 17780 million yuan / ton, and the price of imported zinc is 17780 million yuan / ton, while that of Shuangyan zinc is generally quoted at 850.95 yuan / ton in August, while that of imported zinc is 50 yuan / ton in August. Shanghai Zinc 2008 contract shock operation, the first trading session of the morning market closed at 17810 yuan / ton, late trading shock consolidation, morning shippers control the delivery rhythm, the market acceptance sentiment is high, the market ordinary zinc brand transaction concentrated on the SMM net average price level to rise water 5 yuan / ton, the market followed quotation morning to 2008 contract water 80 yuan / ton, the latter part of the holder raised the water quotation to 90 yuan / ton; Entering the second period of time, the market quotation is relatively stable, the holder raised the price of rising water to 900.95 yuan / ton for the 2008 contract; the futures market zinc price fluctuated, the downstream purchased on demand, the market trading was still good, and there was a strong desire to hoard goods with low rising water between trade, and the spot rising water rose all day.

 

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