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[SMM afternoon Review] Shanghai Zinc: spot rising Water falls rapidly and Market turnover picks up slightly
Jul 23,2020 12:47CST
translation
Source:SMM
SMM7 March 23: the mainstream transaction of zinc in Shanghai is 17910Mel 18040 yuan / ton, Shuangyan is 17920Mel 18050 yuan / ton, and the import transaction is 17880Mel 18020 yuan / ton. Shuangyan quoted liter water at 60Muk 80 yuan / ton in August; Shuangyan quoted liter water at 70mur90 yuan / ton in August, and imports quoted water in August at 40,50yuan / ton.
The content below was translated by Tencent automatically for reference.

SMM7 March 23:

 

The mainstream transaction of zinc in Shanghai is 17910Mel 18040 yuan / ton, Shuangyan is 17920Mel 18050 yuan / ton, and the import transaction is 17880Mel 18020 yuan / ton. Shuangyan quoted water at 60mur80 yuan / ton in August, Shuangyan quoted water at 70mur90 yuan / ton in August, and imports quoted water at 40,50yuan / ton in August. The mainstream transaction was 17840 won at 17980 yuan per ton. Zinc bottomed out and rebounded, the morning market is mainly shipping, the long order is nearing the end, and the market demand is cooling. The quotation is rapidly lowered from 80 yuan / ton to about 60 yuan / ton, and a small amount is underreported to about 50 yuan / ton. The average price among traders has dropped from about 5 yuan / ton to 20 yuan / ton, and the price has fallen faster, coupled with the rising water falling, and the downstream mining purchases have increased slightly. The quotation in the second trading session remained stable at about 60 yuan / ton, with the market trading weakening with the recovery of the market, the overall intraday turnover was general, and the trading volume was slightly higher than yesterday.

"Brand"

Transaction interval

2008

Double swallow

70Mutual 90

Qin Zinc and Yuguang

60: 80

SMC

40: 50

 

Zinc
in the afternoon

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