SMM4 March 3 Shanghai Zinc Ingot spot

Published: Apr 3, 2020 11:50
SMM, April 3: Shanghai Zinc mainstream transaction in 15450-15530 yuan / ton, Shuangyan, Chi Hong transaction in 15460-15540 yuan / ton, the general report to the May water 90-100; Shuangyan, Chihong reported water 100-110 yuan / ton. The mainstream transaction was 15370-15450 yuan / ton.

SMM, 3 April:

The mainstream transaction of Shanghai Zinc was 15450-15530 yuan / ton, Shuangyan and Chi Hong 15460-15540 yuan / ton, and Shuangyan and Chihong 100-100 yuan / ton in May, and 100-110 yuan / ton in Shuangyan and Chihong. The mainstream transaction was 15370-15450 yuan / ton. The Shanghai zinc 2005 contract fluctuated within a narrow range, closing at 15390 yuan per ton in the morning market. Period zinc narrow consolidation, some refineries still cherish the sale. Near the holiday, the market selling intention is strong, the quotation from the rising water 70 or so down to the rising water 60 yuan / ton to the transaction stimulus is still limited, the consignee tends to receive the goods at the average price of-10, the buyer and seller have differences, heard that the average price-5 transaction is relatively OK. Entering the second trading period, the market quotation turned to the May quotation, domestic quoted water 100 yuan / ton, Shuangyan Dongling and other reported rising water 100-120 yuan / ton, the market transaction slightly improved, the holiday near the downstream to purchase goods, the overall transaction slightly warmer than yesterday.

Qiao brand

Transaction interval

2005

Shuangyan and Chi Hong

15460-15540

100-110

Qin Zinc and Yuguang

15450-15530

90-100

 

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.

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SMM4 March 3 Shanghai Zinc Ingot spot - Shanghai Metals Market (SMM)