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SMM4 March 2 Shanghai Zinc Ingot spot
Apr 2,2020 11:47CST
translation
Source:SMM
SMM, April 2: Shanghai Zinc mainstream transaction in 15140-15330 yuan / ton, Shuangyan transaction in 15150-15340 yuan / ton; Shuangyan ordinary price of 70 yuan / ton in April; Shuangyan in 80 yuan / ton in April; mainstream transaction in 1507015260 yuan / ton.
The content below was translated by Tencent automatically for reference.

SMM, April 2-

Shanghai Zinc mainstream transaction at 15140-15330 yuan / ton, Shuangyan transaction at 15150-15340 yuan / ton; Shuangyan ordinary price of 70 yuan / ton for April; Shuangyan for 80 yuan / ton for April; and 15070-15260 yuan / ton for zinc mainstream transaction in Shanghai and 15150-15340 yuan / ton for Shuangyan and 15070-15340 yuan / ton for Shuangyan and 90 yuan / ton for Shuangyan and 15070-15260 yuan / ton for Shuangyan respectively. Shanghai zinc 2004 probing low rebounded, the first trading session in the morning closed at 15205 yuan / ton, the first time in the morning, the market is dominated by long single trading, traders have a strong willingness to accept goods at low prices, but the price of high rising water in the morning is less, and the mainstream transaction in the market is concentrated in the average price of SMM net or discount 5 yuan / ton. Some holders reported 70 yuan / ton of 2004 contract with monthly ticket, but the transaction pressure of high rising water is still great. In the second period, the spot rally was relatively stable, with some holders offering a rise of 70 yuan / ton to the 2004 contract. Zinc prices rebounded, the lower reaches were mainly concerned about prices today, and some downstream were mainly concerned about prices on demand. At present, prices continue to hoard goods are not strong, traders maintain high-frequency trading, but gambling tax expectations have been reduced, and there is greater pressure on the market to rise.

 

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