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[SMM afternoon Review] Tianjin Zinc: traders' willingness to purchase in the lower reaches improved after the drop in the shipping price.
Jul 28,2020 11:48CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7 March 28:

The main trading volume of zinc ingots in Tianjin market was 18230-18420 yuan / ton, Zijin was traded at 18300-18460 yuan / ton, Huludao was quoted at 19710 yuan / ton, zinc common to 2008 contract was quoted around 190 yuan / ton to 220 yuan / ton, Zijin was quoted around 260 yuan / ton in August contract, and the Tianjin stock market was kept at about 130 yuan / ton compared with Shanghai stock market. Today, Shanghai zinc shot up and fell back, and the spot market maintained a rising discount price, which was relatively uniform. The ordinary brand Bering News quoted a rise of 190 yuan per ton for the 08 contract, and Hongyi quoted a rise of 220 yuan per ton for the 08 contract. Chi Hong quoted a rise of 200 yuan per ton for the 08 contract, while the high-priced brand Zijin offered a rise of 260 yuan per ton for the August contract, while Baiyin quoted a rise of 180 yuan per ton for the 08 contract. The fourth Ring Road (delivered) quoted 150 yuan / ton of water for the 08 contract and 100 yuan / ton of zinc (including the out of the warehouse) for the 08 contract. Today, zinc prices shot up and fell back. In the first period of time, due to the shortage of goods, traders offered rising prices for shipments, but the deal was general. After entering the second period of time, after the disk price went down, the shipments turned good; downstream, the futures prices rose and fell, and after the price fell by a large range, the willingness of downstream enterprises to receive goods turned for the better. On the whole, today's transaction is better than yesterday. Zinc ingots traded around 18090-18250 yuan / ton.

Brand

Discount (11:15)

Chi Hong

Hong Ye

880 220

Lark

Eight hundred and ninety

Purple gold

8: 260

Huludao

81510

Silver

8: 180

Fourth Ring Road (delivered)

Eight hundred and fifty

Ha Zinc (exempt from the library)

8100

Zinc

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