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SMM12 13 Ningbo Zinc Ingot spot: Ningbo inventory status will arrive next week

iconDec 13, 2019 11:45
Source:SMM
SMM December 13: Ningbo Hualian, Yongchang, Huize and other transactions in 18600-18650 yuan / ton, Hualian, Yongchang, Huize in January reported 450-470 yuan / ton.

SMM, 13 Dec:

Ningbo Hualian, Yongchang, Huize and other transactions in 18600-18650 yuan / ton, Hualian, Yongchang, Huize reported 450-470 yuan / ton in January. In the first trading period, the zinc price fluctuated at the beginning of the session, and the holder kept the water rising. In January, the price of zinc rose by 450 yuan / ton, and the willingness to receive goods downstream was poor, and there were few transactions. In the second trading period, the zinc price continued to fluctuate, the spot market rose slightly, and the January price rose 450470 yuan / ton, with a slight improvement in the transaction. Social inventory continued to decline this week, Ningbo inventory is only 1000 tons, but today there are Hualian goods, has not yet entered the warehouse, about 1000 tons. Today, traders raise the water to ship goods, however, due to fewer shippers, transactions are still general; downstream Ningbo high underwater, poor willingness to receive goods, some enterprises pull goods from the Shanghai area. The water in Ningbo is 6080 yuan per ton higher than that in Shanghai today.

Brand name

Rising water (for January)

Huize

450

Hualian, Yongchang

450-470

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