[SMM afternoon Review] Shanghai Zinc: spot rising Water slightly improves Market turnover

Published: Jul 20, 2020 11:34

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SMM7 March 20: Shanghai Zinc mainstream traded at 17700Mel 17820 yuan / ton, Shuangyan at 17710Mel 17830 yuan / ton, Shuangyan zinc at 100MZ / ton in August, Shuangyan water at 110yuan / ton in August, and Zinc mainstream at 17630Mel 17750 yuan / tonne in Shanghai, and Shuangyan Zinc mainstream traded at 17710Mel 17830 yuan / ton in Shanghai, while Shuangyan Zinc traded at 17630Mel 17750 yuan / ton.

SMM7 March 20:

The mainstream trading of zinc in Shanghai was 17700MUR 17820 yuan / ton, Shuangyan 17710RMB17830 / ton, Shuangyan 100 RMB110 / ton in August, Shuangyan 110RMB / ton in August, and Zinc 17630RMB17750 / ton in August. Shanghai Zinc 2008 contract rose after intraday finishing, closing at 17680 yuan / ton in the morning market. The smelter shipped normally, the domestic circulation in the market is still not high, and the trading is normal. The domestic quotation in the market has further risen from 100yuan / ton to 110yuan / ton, and the transaction feedback is limited. The average price of SMM net and the average price + 5 are more active. Into the second trading session, the market quotation remained stable at about 110 yuan / ton, trading activity among traders decreased, downstream procurement is still no bright spot, the overall market turnover is mediocre.

"Brand"

Transaction interval

2008

Double swallow

17710Mutual 17830

110

Qin Zinc and Yuguang

17700Mutual 17820

100m 110

SMC

17660 Mutual 17770

50 murals 60

Zinc in the afternoon

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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