April 9 Tianjin Zinc spot News: traders raise prices again downstream to maintain the need for procurement

Published: Apr 9, 2020 11:48

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

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April 9 Tianjin Zinc spot News: traders raise prices again downstream to maintain the need for procurement - Shanghai Metals Market (SMM)