Home / Metal News / Zinc / SMM4 March 8 Shanghai Zinc Ingot spot
SMM4 March 8 Shanghai Zinc Ingot spot
Apr 8,2020 11:51CST
translation
Source:SMM
SMM, April 8: Shanghai Zinc mainstream transaction in 15770-15815 yuan / ton, Shuangyan, Chi Hong transaction in 15780-15825 yuan / ton, the general report to the May water 75-90; Shuangyan, Chihong reported water 85-100 yuan / ton. The mainstream transaction was 15700-15740 yuan / ton.
The content below was translated by Tencent automatically for reference.

SMM, 8 April:

The mainstream transaction of Shanghai zinc was 15770-15815 yuan / ton, Shuangyan and Chi Hong 15780-15825 yuan / ton, and Shuangyan and Chihong 85-100 yuan / ton. The mainstream transaction was 15700-15740 yuan / ton. The Shanghai zinc 2005 contract fell back in intraday trading and closed at 15705 yuan / ton in the morning market. Zinc out of recent highs, smelters stop selling normal shipments, market liquidity increased, the morning market for May reported water 80-90 yuan / ton, transaction is relatively stable, net average price and net average price down 5 yuan / ton more attractive, rising water and disk synchronous fall after the enthusiasm of traders to buy warmer than yesterday. Enter the second trading period, the market quotation differences, part of the rising water in May 90-95 yuan / ton, but also part of the rising water 80-85 yuan / ton, the low price transaction is relatively active, and the downstream day on demand to enter the market in a small amount of buying, the absolute price high downstream buying enthusiasm is still not high, the overall transaction within the day is warmer than yesterday.

Qiao brand

Transaction interval

2005

Shuangyan and Chi Hong

15780-15825

85-100

Qin Zinc and Yuguang

15770-15815

75-90

 

Zinc
afternoon news

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news