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[SMM afternoon Review] Tianjin Zinc: the mood of receiving goods in the lower reaches of the price rebound weakens
Jul 21,2020 11:39CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7 March 21:

The mainstream turnover of zinc ingots in Tianjin market was 17960mur18010 yuan / ton, Zijin was traded at 18000mur18030 yuan / ton, Huludao was quoted at 19300 yuan / ton, common zinc against 2008 contract quoted water 140yuan / ton to 160yuan / ton, Zijin contract for August was quoted around 180yuan / ton, compared with Shanghai market, the price of rising water in Tianjin market rose from 2030yuan / ton to 50 yuan / ton. Today, the decline of zinc in Shanghai has widened, and the discount price has been raised on the spot market. The price is relatively uniform. The ordinary brand Bai Ling Bao quoted a rise of 140 won 150 yuan per ton for the 08 contract, and Hongyi quoted a rise of 160 yuan per ton for the 08 contract. Chi Hong quoted a rise of 140 Mel 150 yuan per ton for the 08 contract, while the high-priced brand Zijin quoted a rise of 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 130 yuan / ton of water for the 08 contract and 60 yuan / ton of zinc (including the out of the warehouse) for the 08 contract. Zinc prices have gone up and down today, and traders have maintained their discounted quotations. After today's rebound, shipments are not smooth; downstream, after today's price rebound, the willingness to receive goods in the lower reaches weakens, and the return just needs to be purchased. On the whole, today's transaction is worse than yesterday's. Zinc ingots were sold at around 17850 RMB17880 per ton.

Brand

Discount (11:15)

Chi Hong

Hong Ye

880 160

Lark

880 140Mutual 150

Purple gold

8: 180

Huludao

81450

Silver

8: 180

Fourth Ring Road (delivered)

8: 130

Ha Zinc (exempt from the library)

860

Zinc

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