SMM4 13 Ningbo zinc ingots spot: the first period of better transaction overall look at the downstream demand is weak

Published: Apr 13, 2020 11:29
SMM, April 13: the mainstream transaction in Ningbo was 15750-15830 yuan / ton, the ordinary brand rose 110-130 yuan / ton to the 2004 contract, and the price difference between Ningbo and Shanghai ordinary brand widened from 20 yuan / ton to 30 yuan / ton on Friday.

SMM, 13 April:

The mainstream transaction in Ningbo was 15750-15830 yuan / ton, and the price difference between Ningbo and Shanghai ordinary brands widened from 20 yuan / ton to 30 yuan / ton on Friday. The price difference between Ningbo and Shanghai ordinary brands widened from 20 yuan / ton to 30 yuan / ton on Friday. Today, the circulation of goods in Ningbo market is more abundant, with more concentrated quotations from morning holders. in the first period of market quotation, Xikuang and Tiefeng reported an increase of 120 yuan / ton on the May contract, Hualian reported a rise of 110 yuan / ton on the May contract, Kirin reported about 130 yuan / ton on the May contract, and Huazawa reported around 150 yuan / ton on the May contract. Overall, today's Ningbo market in the first trading session of the market transaction situation is better, into the second trading session, the disk to take the higher and lower reaches of the willingness to receive goods gradually weakened. Overall, trading in the market today is slightly worse than on Friday.

Brand name

Liter water

Tiefeng, West Mine

5: 120

Kirin

5: 130

Chinese Federation

5: 110

Huize

5: 150

Scan QR code, apply to join SMM metal communication group, please indicate company + name + main business

 

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Bullish and Bearish Factors Intertwined as SHFE and LME Zinc Prices Rose [SMM Market Review - Weekly Price Review]
7 hours ago
Bullish and Bearish Factors Intertwined as SHFE and LME Zinc Prices Rose [SMM Market Review - Weekly Price Review]
Read More
Bullish and Bearish Factors Intertwined as SHFE and LME Zinc Prices Rose [SMM Market Review - Weekly Price Review]
Bullish and Bearish Factors Intertwined as SHFE and LME Zinc Prices Rose [SMM Market Review - Weekly Price Review]
[Mixed Bullish and Bearish Factors in the Market, SHFE and LME Zinc Prices Rose] At the beginning of the week, LME zinc continued last week's downward fluctuation trend; subsequently, the US dollar index dropped back slightly from its highs, and LME zinc rose; however, the ongoing escalation of the Middle East conflict, coupled with the renewed strength of the US dollar index, constrained the upside room for zinc prices, and the center of LME zinc gradually pulled back......
7 hours ago
Zinc Oxide Operating Rates Remained Stable, While End-Use Demand Showed Divergence [SMM Zinc Oxide Weekly Review]
7 hours ago
Zinc Oxide Operating Rates Remained Stable, While End-Use Demand Showed Divergence [SMM Zinc Oxide Weekly Review]
Read More
Zinc Oxide Operating Rates Remained Stable, While End-Use Demand Showed Divergence [SMM Zinc Oxide Weekly Review]
Zinc Oxide Operating Rates Remained Stable, While End-Use Demand Showed Divergence [SMM Zinc Oxide Weekly Review]
[Zinc Oxide Operating Rates Remain Stable, End-Use Demand Shows Divergence] In terms of orders, overall demand for rubber-grade zinc oxide remained stable, but some enterprises were relatively cautious about expectations for subsequent demand from tyre factories; orders for major ceramic-grade zinc oxide producers were relatively stable, but affected by the overall weakness in the real estate market, overall demand in the sector was average......
7 hours ago
Data: SHFE, DCE market movement (Mar 27)
7 hours ago
Data: SHFE, DCE market movement (Mar 27)
Read More
Data: SHFE, DCE market movement (Mar 27)
Data: SHFE, DCE market movement (Mar 27)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 27 Mar , 2026
7 hours ago
SMM4 13 Ningbo zinc ingots spot: the first period of better transaction overall look at the downstream demand is weak - Shanghai Metals Market (SMM)