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SMM4 January 1 Ningbo Zinc Ingot spot: mainstream supply rising and downstream Mining weak
Apr 1,2020 11:35CST
translation
Source:SMM
SMM: Ningbo mainstream transactions in 15340-15420 yuan / ton, ordinary brands on the 2004 contract rose 100-120 yuan / ton, Ningbo compared with Shanghai ordinary brand spread maintained at 40 yuan / ton yesterday.
The content below was translated by Tencent automatically for reference.

SMM, April 1-

The mainstream transaction in Ningbo was 15340-15420 yuan / ton, the ordinary brand rose 100-120 yuan / ton to the 2004 contract, and the price difference between Ningbo and Shanghai ordinary brand remained near 40 yuan / ton yesterday. Today, the Ningbo market supply circulation is more abundant, the holder is active to ship the goods, the morning attempt quotation is not unified. In the morning, West Mine, Tiefeng, Hualian and other brands reported an increase of about 120 yuan / ton in the April contract. Huize continued its quotation yesterday near 120 yuan / ton in April, and a small amount of spot Kirin reported 140 yuan / ton in the April contract. The main reason is that the supply of goods is on the high side, and the overall transaction situation is poor. In addition, the Baohui newspaper was near the 100 yuan / ton increase in the April contract. Today, the spot market rose again, the superimposed disk returned to rise, the downstream transaction situation is very weak, it is reported that the current Ningbo market downstream orders situation is poor, the overall transaction is worse than yesterday.

Brand name

Liter water

Kirin

440

West Coal Mine, Tiefeng, Hualian

4x 120

Treasure emblem

4x 100

Huize

4x 120


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