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[SMM afternoon Review] Tianjin Zinc: traders maintain upside water quotation and maintain weak procurement in the lower reaches of the market.
Jul 20,2020 11:34CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7 March 20:

The mainstream trading of zinc ingots in Tianjin market was 17800mur17860 yuan / ton, Zijin was traded at 17840mur17890 yuan / ton, Huludao was quoted at 19060 yuan / ton, Zinc was generally quoted around 140yuan / ton to 2008 yuan / ton to 150yuan / ton, Zijin to August contract was quoted around 180yuan / ton, and the Tianjin stock market remained around 2030 yuan / ton compared with Shanghai stock market. Today, the decline of zinc in Shanghai has widened, 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 140 yuan per ton for the 08 contract, and Hong has quoted a rise of 150 yuan per ton for the 08 contract. Chi Hong quoted a rise of 140 yuan per ton for the 08 contract, while the high-priced brand Zijin quoted 180 yuan per ton for the August contract, while Baiyin quoted 180 yuan per ton for the 08 contract. The fourth Ring Road (delivered) quoted 120 yuan / ton for the 08 contract, and Ha Zinc (including the depot) quoted 70 yuan / ton for the 08 contract. Today, the decline in zinc prices widened, and traders raised their discount quotations, and all reflected that shipments were relatively smooth after today's falling prices, and some of them shipped at high prices; downstream, absolute prices fell sharply today, and downstream enterprises' willingness to buy goods improved, and the terminal project in North China was warmer than in the previous period. On the whole, today's transaction is better than last week. Zinc ingots traded at around 17690 RMB17740 per ton.

Brand

Discount (11:15)

Chi Hong

Hong Ye

Eight hundred and fifty

Lark

880 140

Purple gold

8: 180

Huludao

81350

Silver

8: 180

Yunnan tin

8110

Ha Zinc (exempt from the library)

8: 70

Fourth Ring Road (delivered)

8120

Zinc

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