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April 8 Guangdong zinc market news: market demand is weak discount transaction
Apr 8,2020 11:55CST
translation
Source:SMM
SMM4 8: Guangdong zinc mainstream transaction in 15660-15750 yuan / ton, quotation focused on Shanghai zinc 2005 contract discount 10-20 yuan / ton, Guangdong market than Shanghai stock market discount 10 yuan / ton than the previous trading day.
The content below was translated by Tencent automatically for reference.

SMM4 8: Guangdong zinc mainstream transaction in 15660-15750 yuan / ton, quotation focused on Shanghai zinc 2005 contract discount 10-20 yuan / ton, Guangdong market than Shanghai stock market discount 10 yuan / ton than the previous trading day. In the first trading session, futures prices fell from yesterday. The foreign quotation of individual cardholders is higher, but most of them look for the source of water goods, the market begins to adjust the price, and a small number of transactions are concluded between traders. Kirin, Mengzi, Huize and Tiefeng offer 20 yuan / ton to flat water for the Shanghai zinc May contract. The price of Qilin, Mengzi, Huize and Tiefeng is 20 yuan / ton to Pingshui. In the second trading session, the die-casting alloy factory had poor orders this month and limited purchases into the market, and the decline in demand was difficult to support the market price, but due to the narrowing of the contract price gap between the futures month and the next month, the discount rate quoted by the holder was limited. Kirin, Mengzi, Huize and Tiefeng offer 10-20 yuan per ton for the May contract. Qilin, Mengzi, Huize, Tiefeng mainstream transaction in 15660-15750 yuan / ton.

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