July 5 Shanghai zinc spot news: zinc futures lower monthly difference narrowed market transaction rewarming

SMM7 News of the 5th of June:

Shanghai 0 # zinc mainstream transaction is 19520 to 19600 yuan / ton, Shuangyan and Chihong is sold in 19550 to 19640 yuan / ton, 0 # ordinary pair of July water-liter water 20 yuan / ton; Shuangyan and Chihong reported rising water 30 to 50 yuan / ton. 1 # the mainstream transaction was between 1920 and 19520 yuan per ton. Shanghai zinc 1907 contract bottomed out and rose, closing at 19570 yuan per ton in the morning market. Zinc futures fell sharply, and at the same time, the price gap narrowed by nearly 100 yuan to 130 to 160 yuan / ton, and the enthusiasm for receiving goods in the spot market increased obviously. however, the quotation changed little from yesterday, and the premium water was still dominated by 10 yuan / ton, and the individual price was adjusted to 20 yuan / ton. There was little market feedback, because of the decline in zinc futures, there was a strong wait-and-see mood for receiving goods in the market, and the flat water-rising water 10 yuan / ton was traded. Enter the second trading period, zinc futures rebound, traders significantly enhanced the strength of receiving goods, coupled with the downstream buy-down order is also more active, rising water 20 yuan / ton market acceptance is higher, the overall market transaction is warmer than yesterday.

0# brand

Transaction interval

1907

Shuangyan and Chihong

19550 19640

Rising water 30 to 50

Qin Zinc, Kirin, Jiulong, Yuguang

19520 to 19600

Flat water-liter 20

SMC

1980 19580

Sticker 30-sticker 30

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