May 4 Shanghai Zinc spot News: zinc prices plummeted the market quotation has not changed the overall transaction is general

Published: May 4, 2018 11:59
SMM May 4: Shanghai 0 # zinc mainstream transactions at 23500 ≤ 23570 yuan / ton, 0 # ordinary brand to Shanghai zinc 1806 contract reported 210 ≤ 230 yuan / ton; 0 # Shuangyan reported 230 ≤ 240 yuan / ton in June. 1 # mainstream transactions at 23460 ≤ 23510 yuan / ton.

SMM May 4: Shanghai 0 # zinc mainstream transactions at 23500 ≤ 23570 yuan / ton, 0 # ordinary brand to Shanghai zinc 1806 contract reported 210 ≤ 230 yuan / ton; 0 # Shuangyan reported 230 ≤ 240 yuan / ton in June. 1 # mainstream transactions at 23460 ≤ 23510 yuan / ton. Shanghai zinc 1806 contract around 23300 yuan / ton narrow consolidation, early trading at 23305 yuan / ton. Zinc prices plummeted, refineries poor willingness to ship; traders out more and less, coupled with import inflows are expected to drag down, the market quotation is basically the same as yesterday, the trading situation has not improved significantly, highlighting the weak market transactions; However, downstream enterprises are still mainly on-demand procurement, the willingness to buy at low prices has been slightly improved, the overall transaction is general.

Brand #

Transaction interval

1806

Shuangyan, Chihong

Rising water 220 / 250

Jiulong, Qin Zn, Kirin, Yu Guang

23500 ≤ 23540

Rising water 210? 230?

SMC, Spain

23500 ≤ 23540

Rising water 210? 230?

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn