April 7 Guangdong zinc market news: prices rise sharply downstream demand is small

SMM4 7: Guangdong zinc mainstream transaction in 15810-15900 yuan / ton, the quotation focused on the Shanghai zinc 2005 contract discount 10 to 10 yuan / ton, Guangdong market than Shanghai stock market discount 90 yuan / ton than the previous trading day expanded by 10 yuan. In the first trading period, the futures price is high, the overall increase is larger, the market shipping enthusiasm is enhanced, but the quotation is relatively cautious, the downstream price inquiry is less, a small number of transactions between traders, Kirin, Mengzi, Huize, Tiefeng offer to Shanghai zinc May contract discount 10 to 10 yuan / ton. The second trading period, futures prices are still high volatility, downstream procurement demand is still small, traders discount shipment willingness is also limited, the market as a whole trading in general. Kirin, Mengzi, Huize and Tiefeng quoted 10 yuan / ton to flat water for the May contract. Kylin, Mengzi, Huize, Tiefeng mainstream transaction in 15810-15900 yuan / ton.

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