April 7 Tianjin Zinc spot News: larger increase today downstream enterprises are less willing to receive goods

Published: Apr 7, 2020 11:46

SMM4, July 7:

The mainstream transaction of zinc ingots in Tianjin market was 15920-17470 yuan / ton, and that of ordinary brands was 15920-15960 yuan / ton. The 2004 contract rose 70 yuan / ton to 90 yuan / ton. Compared with Shanghai stock market, Tianjin kept the rising water from 30 yuan / ton to 20 yuan / ton. Today, the Shanghai zinc high open shock, the spot market maintains the promotion discount quotation, the quotation is more unified, the ordinary brand red Ye lark and so on reports to the 04 contract to rise the water 80 yuan / ton near, Chi Hong reports in to 04 contract to rise the water 70 yuan / ton near, the high price brand Zijin to the April contract quotes 90 yuan / ton near. Today, traders still maintain the discount quotation, because the smelter handed in long orders at the beginning of the month, resulting in less circulation to the spot market, resulting in some traders have a strong willingness to ship, but today, due to larger price increases, downstream enterprises are less willing to inquire and receive goods, only a small number of enterprises just need to purchase. Overall, there were only sporadic deals today. The transaction of zinc ingot is near 1587015910 yuan / ton.

Brand name

Liter water

Chihong

4. 70

Red Ye

480

Lark

480

Purple gold

490

Huludao

4x 1600

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Boliden Temporarily Halts Garpenberg Zinc Mine Due to Seismic Activity
18 hours ago
Boliden Temporarily Halts Garpenberg Zinc Mine Due to Seismic Activity
Read More
Boliden Temporarily Halts Garpenberg Zinc Mine Due to Seismic Activity
Boliden Temporarily Halts Garpenberg Zinc Mine Due to Seismic Activity
[Garpenberg Zinc Concentrates Production Was Suspended Due to Seismic Activity] According to Boliden, production at the Garpenberg mine was temporarily suspended on March 14 due to seismic activity, and the beneficiation plant subsequently also halted production. Seismic activity has since eased, and preliminary inspections of the mine began on March 18. Mine production will gradually resume after inspections of the infrastructure and mining workplaces are completed. It is not yet possible to determine the timing of the production restart or the pace of ramp-up. In 2025, Garpenberg's zinc concentrate production was 101,700 mt in metal content.
18 hours ago
Typhoon Disrupts Australian Zinc Concentrate Supply, Spot TC Quotations Fall to Negative Levels
18 hours ago
Typhoon Disrupts Australian Zinc Concentrate Supply, Spot TC Quotations Fall to Negative Levels
Read More
Typhoon Disrupts Australian Zinc Concentrate Supply, Spot TC Quotations Fall to Negative Levels
Typhoon Disrupts Australian Zinc Concentrate Supply, Spot TC Quotations Fall to Negative Levels
[Imported Zinc Concentrate Market] Recently, typhoon weather in Australia has continued to disrupt zinc concentrate transportation, and expectations of tight imported zinc concentrates are expected to persist. Traders in the market have continued to lower TC quotations, and currently quotations for zinc-rich concentrates on spot cargo vessels have fallen to negative levels.
18 hours ago
Jan-Feb Die-Casting Zinc Alloy Exports Up Slightly YoY, Backed by Southeast Asia
19 hours ago
Jan-Feb Die-Casting Zinc Alloy Exports Up Slightly YoY, Backed by Southeast Asia
Read More
Jan-Feb Die-Casting Zinc Alloy Exports Up Slightly YoY, Backed by Southeast Asia
Jan-Feb Die-Casting Zinc Alloy Exports Up Slightly YoY, Backed by Southeast Asia
According to the latest customs data, China’s total exports of die-casting zinc alloy from January to February reached 689.33 mt, up slightly by 0.9 percentage points YoY on a cumulative basis; imports, however, totaled 48.11 million mt, down 35.46 percentage points YoY on a cumulative basis. Overall, China’s die-casting zinc alloy trade from January to February showed a pattern of slightly higher exports and a significant pullback in imports.
19 hours ago
April 7 Tianjin Zinc spot News: larger increase today downstream enterprises are less willing to receive goods - Shanghai Metals Market (SMM)