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April 1 Guangdong Zinc Market Express: futures month-to-month spread widens the overall quotation of the market
Apr 1,2020 11:54CST
translation
Source:SMM
SMM4, January 1: Guangdong zinc mainstream transaction in 15180-15280 yuan / ton, the offer focused on Shanghai zinc 2005 contract discount 10 yuan / ton to Pingshui near, Guangdong market than Shanghai stock market discount of 120 yuan / ton than the previous trading day expanded by 10 yuan.
The content below was translated by Tencent automatically for reference.

SMM4, January 1: Guangdong zinc mainstream transaction in 15180-15280 yuan / ton, the offer focused on Shanghai zinc 2005 contract discount 10 yuan / ton to Pingshui near, Guangdong market than Shanghai stock market discount of 120 yuan / ton than the previous trading day expanded by 10 yuan. The first trading period, the market tax reduction expectations plus futures in the month and the next month price difference widened, the holder quotation is relatively strong, but the market trading is general, individual cardholders discount shipment, the market is mainly a small number of transactions, Kirin, Mengzi, Huize, Tiefeng offer Shanghai zinc May contract discount 10 yuan / ton to flat water. In the second trading period, the monthly spread of futures widened again by 10 yuan, and the quotations quoted by the holders were mostly concentrated in the flat water or rising 10 yuan / ton in the same month, the downstream just needed to be purchased, the traders mainly purchased long orders, and most of them were near the flat price in the market. Kirin, Mengzi, Huize, Tiefeng quoted for the May contract flat to 10 yuan / ton. Kylin, Mengzi, Huize, Tiefeng mainstream transaction in 15180-15280 yuan / ton.

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