SMM4, 9 May:
The mainstream transaction of zinc ingots in Tianjin market was 15710-17240 yuan / ton, and that of ordinary brands was 15710-15780 yuan / ton. The contract for 2004 rose by 100 yuan / ton to 150 yuan / ton, and the water in Tianjin was about 40 yuan / ton higher than that in Shanghai. Today, Shanghai zinc weakens, the spot market continues to raise the discount quotation, the quotation is more unified, the ordinary brand red Ye lark reported in the 04 contract rose 120 yuan / ton near, Chi Hong reported in the 04 contract rose 100 yuan / ton near, the high-priced brand Zijin rose 150 yuan / ton to the April contract. Today, traders raised their discount quotations, as a result of the delivery of orders from smelters of various brands at the beginning of the month, resulting in a smaller volume of goods circulating to the spot market and a stronger willingness of traders to offer prices. After the price of zinc fell today, the willingness of downstream enterprises to inquire was more flat than yesterday and kept just in need of procurement. On the whole, the transaction today is flat compared with yesterday. The transaction of zinc ingot is near 1566015730 yuan / ton.
Brand name
Liter water
Chihong
4x 100
Red Ye
4x 120
Lark
4x 120
Purple gold
4x 150
Huludao
4x 1610
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn