SMM, July 27th:
The mainstream trading of zinc in Shanghai was 18190 yuan / ton, Shuangyan was traded at 18210 yuan / ton, imported zinc was traded at 18190 yuan / ton, zinc was generally quoted at 80,085 yuan / ton in August, Shuangyan quoted water at 90,100 yuan / ton in August, imported zinc was quoted at 60,080 yuan / ton in August, and zinc mainstream in Shuangyan sold at 18120-18200 yuan / ton. Shanghai Zinc 2008 contract shock operation, the first trading session of the morning market closed at 18140 yuan / ton, late trading shock consolidation, morning holders raised water quotation, the market of ordinary zinc brand transactions concentrated in the SMM net average price near the level, the market quotation morning to 2008 contracts 80 yuan / ton, after some holders raised the water price to 85 yuan / ton; entered the second period, the market trading is insipid, the holder maintains the rising water quotation, the market quotation is 80 yuan / ton for the 2008 contract in the morning, and the latter part of the consignor raised the water quotation to 85 yuan / ton; entering the second period, the market trading is flat, and the holder maintains the rising water quotation. The futures market maintains a strong trend. Today, the downstream purchases on demand, the market trading is still good, and traders actively ship goods at high prices.
