July 22 Shanghai zinc spot news: market trading back to warm downstream to continue the wait-and-see attitude

SMM7 22 July news:

Shanghai 0 # zinc mainstream transaction 19320 19400 yuan / ton, Shuangyan, Chihong 1940 1920 yuan / ton, 0 # ordinary August water 70 80 yuan / ton; Shuangyan, Chi Hong reported 80 100 yuan / ton. 1 # the mainstream transaction was between 1920 and 19300 yuan per ton. Shanghai Zinc 1908 contract intraday operation center of gravity moved down, the early market closed at 19265 yuan / ton. The focus of zinc operation has shifted down, and refineries in Shanghai stock market have received replenishment at the same time, but due to the concentrated expiration of the second batch of long orders in the month, the demand for trading and replenishment by market traders has declined, and the quotation for rising water in the morning market is only slightly raised to about 70 yuan / ton. The high price quoted price is more concentrated, the direct transaction is relatively less, and the long order transaction with the average price is still relatively concentrated. In the second trading period, with the further decline of zinc in the second trading period, the enthusiasm of some traders to make up orders increased, and the market quotations changed little and all had transactions, while Shuangyan, Dongling, Chihong, and other downstream brands, the quotations did not change significantly. Compared with the domestic quotations of about 10 yuan / ton, the narrowing of the brand premium indicates that the downstream purchasing enthusiasm continues to be weak, and the enthusiasm of zinc in the lower reaches of the day has not been significantly improved. Maintain on-demand procurement, the overall transaction is not much different from last Friday.

0# brand

Transaction interval

1908

Shuangyan and Chihong

1940 1920

80 to 100 liters

Qin Zinc, Kirin, Yuguang, Jiulong

19320 to 19400

70 / 80 liter water

SMC

19300 1980

40 to 50 liters

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