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

Published: Jul 22, 2020 11:56
SMM7 March 22: the mainstream transaction of zinc in Shanghai is 18170 Mel 18280 yuan / ton, Shuangyan 18280 yuan / ton, and the import transaction is 18140 Mel 18260 yuan / ton. Shuangyan quoted water at 90 yuan / ton in August; Shuangyan quoted water 100 yuan / ton in August, and imports quoted water in August at 6070 yuan / ton. the price of zinc in Shanghai is 18170 yuan / ton, the price of Shuangyan is 18170 yuan / ton, and that of Shuangyan is 18180 yuan / ton, and that of Shuangyan is 18140 yuan / ton. The mainstream transaction was 18,100 RMB 18200 yuan per ton.

SMM7 March 22:

The mainstream transaction of zinc in Shanghai is 18170mur18280 yuan / ton, Shuangyan is 18180mur18280 / ton, and the import transaction is 18140Muth18260 / ton. Shuangyan usually quoted 90-liter water of 100 yuan / ton in August, Shuangyan quoted water 100rel / ton in August, and import reported 60Rue 70 yuan / ton in August. The mainstream transaction was 18,100 RMB 18200 yuan per ton. Zinc futures are higher, market shipments are mainly, long orders are nearing the end, traders' demand has declined, and downstream fear of heights only needs procurement, the overall demand has cooled, and the domestic quotation has been lowered from about 100 yuan / ton to about 90 yuan / ton. the overall transaction is flat.

"Brand"

Transaction interval

2008

Double swallow

100m 110

Qin Zinc and Yuguang

90What 100

SMC

60 am 70

 

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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Economic Improvement of the Boumadine Polymetallic Mine in Morocco
1 hour ago
Economic Improvement of the Boumadine Polymetallic Mine in Morocco
Read More
Economic Improvement of the Boumadine Polymetallic Mine in Morocco
Economic Improvement of the Boumadine Polymetallic Mine in Morocco
1 hour ago
Rising Fed Rate Hike Expectations and Zinc Inventory Buildup Weigh on SHFE Zinc【SMM Zinc Futures Review】
2 hours ago
Rising Fed Rate Hike Expectations and Zinc Inventory Buildup Weigh on SHFE Zinc【SMM Zinc Futures Review】
Read More
Rising Fed Rate Hike Expectations and Zinc Inventory Buildup Weigh on SHFE Zinc【SMM Zinc Futures Review】
Rising Fed Rate Hike Expectations and Zinc Inventory Buildup Weigh on SHFE Zinc【SMM Zinc Futures Review】
【Rising Fed Rate Hike Expectations and Renewed Zinc Inventory Buildup Weigh on SHFE Zinc】SHFE zinc 2611 contract opened at 26,555 yuan/mt, briefly edged up to 26,595 yuan/mt, then fluctuated lower to touch 26,280 yuan/mt. It closed at 26,335 yuan/mt, down 265 yuan/mt, or 1.00%, from the night-session close......
2 hours ago
US Fed rate hike expectations heat up, combined with zinc ingot social inventory shifting from decline to increase, SHFE zinc falls under pressure [SMM zinc futures review]
2 hours ago
US Fed rate hike expectations heat up, combined with zinc ingot social inventory shifting from decline to increase, SHFE zinc falls under pressure [SMM zinc futures review]
Read More
US Fed rate hike expectations heat up, combined with zinc ingot social inventory shifting from decline to increase, SHFE zinc falls under pressure [SMM zinc futures review]
US Fed rate hike expectations heat up, combined with zinc ingot social inventory shifting from decline to increase, SHFE zinc falls under pressure [SMM zinc futures review]
[Expectations for US Fed interest rate hikes intensify, combined with zinc ingot social inventory shifting from decline to increase, SHFE zinc falls under pressure] The daytime session of SHFE zinc 2611 contract opened at 26,555 yuan/mt, briefly rose to 26,595 yuan/mt in early trading, then drifted lower to a low of 26,280 yuan/mt, and finally closed at 26,335 yuan/mt, down 265 yuan/mt from the night session close, a decline of 1.00%. Trading volume increased to 58,201 lots, while open interest decreased by 108 lots to 128,000 lots......
2 hours ago