SMM, 3 April:
The mainstream transaction in Ningbo was 15520-15600 yuan / ton, and the price difference between Ningbo and Shanghai ordinary brands widened from 50 yuan / ton to 60 yuan / ton, the price difference between Ningbo and Shanghai increased from 50 yuan / ton to 60 yuan / ton. Trading in the Ningbo market remained weak today. In the first period of the morning, the holdings quoted around 100 yuan / ton for the West Mine contract for April, 120 yuan / ton for Tiefeng contract for April, and 170 yuan / ton for Yongchang contract for May. Converted to around 100-110 yuan / ton for April in the same month, and a small number of Kirin reported around 130 yuan / ton for April contract. Overall, the disk rose today, but the degree of downgrade is very limited, downstream enterprises in the case of poor orders, the willingness to buy is very weak, overall, the transaction situation is worse than yesterday.
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