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SMM7 28 zinc ingots from stock in Shanghai
Jul 28,2020 12:16CST
translation
Source:SMM
SMM July 28th: the futures market fluctuates greatly, the lower reaches purchase at low prices today, the market trading is better, and the supply of zinc ingots in the market is relatively tight, and the overall rising water remains strong.
The content below was translated by Tencent automatically for reference.

SMM, July 28th:

The mainstream turnover of zinc in Shanghai was 18,080,18,440 yuan / ton, Shuangyan was 18,100,18450 yuan / ton, and imported zinc was 18,080,18420 yuan / ton. Shuangyan quoted water at 80,085 yuan / ton in August; Shuangyan quoted water at 90,100 yuan / ton in August, imported zinc quoted water at 60,080 yuan / ton in August, and zinc mainstream traded at 18010-18370 yuan / ton. Shanghai Zinc 2008 contract went up and fell back, the first trading session of Shanghai Zinc Market closed at 18195 yuan / ton in the morning, and zinc continued to decline in the later period. The price of ordinary zinc brands in the market was concentrated near the average price of SMM net, and the market quotation was 80 yuan / ton for 2008 contracts in the morning, and then a small number of holders raised the price to 85 yuan / ton. entering the second period of time, the market trading was insipid, and the holder maintained the rising water quotation. The futures market fluctuates greatly, the lower reaches purchase at low prices today, the market trading is better, and the supply of zinc ingots in the market is relatively tight, and the overall rising water remains strong.

 

Zinc
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