Home / Metal News / [SMM afternoon Review] Tianjin Zinc: the upward range of futures price is larger, and the wait-and-see mood downstream of Gaoshengshui is stronger.

[SMM afternoon Review] Tianjin Zinc: the upward range of futures price is larger, and the wait-and-see mood downstream of Gaoshengshui is stronger.

iconJul 30, 2020 11:36
Source:SMM

SMM7 March 30:

The mainstream trading of zinc ingots in Tianjin market was 18980-19140 yuan / ton, Zijin was traded at 19080-19190 yuan / ton, Huludao was quoted at 20320 yuan / ton, zinc common to 2008 contract was quoted around 180 yuan / ton to 250 yuan / ton, Zijin was quoted around 280,300 yuan / ton in August contract, and Tianjin stock market remained around 140yuan / ton compared with Shanghai stock market. Today, the price of zinc concussion in Shanghai is higher, and the spot market maintains the price of rising water. The price is relatively uniform. The ordinary brand Bering News quotes 210 yuan / ton for the 08 contract, Hongyi quotes 250 yuan / ton for the 08 contract, Chi Hong quotes 180-200 yuan / ton for the 08 contract, the high-priced brand Zijin quotes 280-300 yuan / ton for the August contract, and Baiyin quotes 140 yuan / ton for the 08 contract. The fourth Ring Road (delivered) quoted 100 yuan / ton of water for the 08 contract, and Ha Zn (including the depot) quoted 120 yuan / ton for the 08 contract. Today, zinc prices fluctuated higher, the first period of time, the refinery downgrade water delivery, but less volume, refinery shipments after the end of the refinery, traders re-bid shipments, which due to Hongye Zijin brand maintenance reduction in August, the lower volume of rising water is higher; downstream, the spot price increase is larger, downstream enterprises wait-and-see mood is stronger, some enterprises maintain rigid demand procurement. On the whole, the deal was mediocre today. Zinc ingots traded around 18890-18980 yuan / ton.

Brand

Discount (11:15)

Chi Hong

Hong Ye

880 250

Lark

8: 210

Purple gold

8300

Huludao

81430

Silver

880 140

Fourth Ring Road (delivered)

8100

Ha Zinc (exempt from the library)

8120

Zinc

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