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SMM7 21. Shanghai zinc ingots are in stock.

iconJul 21, 2020 11:50
Source:SMM
SMM July 21: futures market zinc prices continue to rise, downstream today wait and see mainly, market trading in general, traders meet high active shipments.

SMM, July 21:

The mainstream transaction of zinc in Shanghai was 17905 million 17985 yuan / ton, Shuangyan 17990 yuan / ton, and imported zinc 17860 yuan 17940 yuan / ton. zinc was generally quoted at 95,000 yuan / ton in August; Shuangyan quoted water at 100,000yuan / ton in August, imported zinc was quoted at 50,000yuan / ton in August, and Zinc mainstream traded at 1783517915 yuan / ton in August, while Shuangyan quoted water price at 100,000yuan / ton in August, while imported zinc traded at 50,000yuan / ton in August, and imported zinc traded at 1783517915 yuan / ton. Shanghai Zinc 2008 contract shock operation, the first trading session of the morning market closed at 17855 yuan / ton, the late market shock consolidation, early morning high prices active shipments, the market shipping sentiment is high, the market ordinary zinc brand transactions are concentrated on the average price of SMM net, the market quotes for 2008 contracts in the morning, the rising water price is 110yuan / ton, and then some consignors lower the rising water price to 100yuan / ton. Entering the second period of time, trading in the market was light, and the holder lowered the price of rising water to 95 yuan / ton for the 2008 contract; zinc prices in the futures market continued to rise, and downstream today was dominated by wait-and-see, general market trading, and traders actively shipped at high prices.

 

Zinc
in the afternoon

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