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[SMM afternoon Review] Tianjin Zinc: the spot circulation is less to boost the rise and paste water, but the downstream enterprises are more wait-and-see.
Jul 22,2020 11:58CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7 March 22:

The mainstream turnover of zinc ingots in Tianjin market was 18210 RMB18290 / ton, Zijin was traded at 18280 Mel 18310 / ton, Huludao was quoted at 19520 yuan / ton, Zinc was generally quoted around RMB 130 / ton to RMB 180 / ton in the contract of 2008, and Zijin was quoted around RMB20000 / ton in the August contract, and the price of water in Tianjin was raised from 50 yuan / ton to 60 yuan / ton in comparison with Shanghai stock market. Today, the price of zinc in Shanghai has gone up and down, and the spot market has maintained the price of rising water, and the price is more divergent. The ordinary brand Bering News has quoted a rise of 150 yuan per ton for the 08 contract, and Hong has quoted a rise of 160 million yuan per ton for the 08 contract. Chi Hong quoted a rise of 130 yuan per ton for the 08 contract, while the high-priced brand Zijin quoted a rise of 200 yuan per ton for the August contract, while Baiyin quoted a rise of 160 yuan per ton for the 08 contract. Ha zinc (including out of the warehouse) is quoted as a rise of 80 yuan / ton for the 08 contract. Zinc prices rose and fell today, the first period of time traders maintained yesterday's quotation, but because today's smelter shipments are less, superimposed some traders have no goods, the spot market price shipments; downstream, today's spot absolute price upward range is larger, downstream enterprises wait and see mainly, the willingness to receive goods is weaker than yesterday. On the whole, today's turnover is light. Zinc ingots were sold at around 18,120,8150 yuan per ton of zinc ingots.

Brand

Discount (11:15)

Chi Hong

Hong Ye

880 160Mutual 180

Lark

880 140Mutual 150

Purple gold

8200

Huludao

81435

Silver

880 160

Ha Zinc (exempt from the library)

880

Zinc

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