SMM, July 29th:

The mainstream trading of zinc in Shanghai was 18390 yuan / ton, Shuangyan 18,550 yuan / ton, and imported zinc 18390,18530 yuan / ton. Shuangyan quoted water at 90,095 yuan / ton in August; Shuangyan quoted water at 100yuan / ton in August, imported zinc was quoted at 80,000yuan / ton in August, and imported zinc was quoted at 18320-18470 yuan / ton in the mainstream of Shuangyan, Shuangyan and Shuangyan respectively. Shanghai Zinc 2008 contract shock higher, the first trading session of the morning market closed at 18390 yuan / ton, the market shock higher, the market supply is more tight, morning holders steady rising water quotation, the market ordinary zinc brand transactions concentrated in the SMM net average price level to rise water 5 yuan / ton, the market followed quotation morning to 2008 contract water 80 yuan / ton, after the rapid transaction, the holder raised the water quotation to 90 yuan / ton; Entering the second period of time, the market trading relatively weakened, the holder maintained a rise of 90,000,000 yuan / ton; zinc shock uplink, downstream purchase willingness to reduce today, but due to tight supply, Shanghai spot water remained stable.