Home / Metal News / Zinc / [SMM afternoon Review] Zinc in Guangdong: it is relatively difficult for the holder to raise the price and the price of the sticker has not changed much.
[SMM afternoon Review] Zinc in Guangdong: it is relatively difficult for the holder to raise the price and the price of the sticker has not changed much.
Jul 20,2020 12:09CST
translation
Source:SMM
SMM7 on March 20: the mainstream transaction of Guangdong Zinc was 17560mi 17700 yuan / ton, and the quotation was concentrated in the price increase of 25muri 40 yuan / ton for the Shanghai zinc 2009 contract, and the discount on the Guangdong stock market was the same as that of the previous trading day.
The content below was translated by Tencent automatically for reference.

SMM7 on March 20: the mainstream transaction of Guangdong Zinc was 17560mi 17700 yuan / ton, and the quotation was concentrated in the price increase of 25muri 40 yuan / ton for the Shanghai zinc 2009 contract, and the discount on the Guangdong stock market was the same as that of the previous trading day. In the first trading session, the price was low and fluctuating, and the holder tried to raise the price early, but the weekend market arrival was still high, the holder's willingness to ship goods was strong, and the quotation was slightly loosened in the later period. The net price was floated at 10 yuan, and the trader bought water at a low price, and the market transaction was OK. Kirin, Mengzi and Huize quoted a price of 2540 yuan / ton for the Shanghai zinc contract in September. In the second trading session, traders mainly received goods at depressed prices, but the prices were too low and the holders were not willing to adjust prices, and the market quotations were gradually unified. As prices rose, downstream purchases declined, and market trading weakened. Kirin, Mengzi and Huize quoted a price of 30 yuan / ton for the September contract of zinc in Shanghai. The mainstream transaction of Kirin, Mengzi and Huize was 17560mi 17700 yuan / ton.

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