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.

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