SMM4, 13 March:
The mainstream transaction of zinc ingots in Tianjin market was 15940-17310 yuan / ton, and that of ordinary brands was 15940-16020 yuan / ton. The contract for 2005 rose from 250yuan / ton to 300yuan / ton. Compared with Shanghai market, Tianjin market rose from 140yuan / ton to 190yuan / ton. Today, the Shanghai zinc high shock, the spot market once again up the discount quotation, the quotation is more unified, the ordinary brand red Ye lark reported in the 05 contract to rise the water 260 yuan / ton near, the fourth ring newspaper in to the 05 contract rises 250 yuan / ton, Chihong spot market has few quotes, the high price brand Zijin to the April contract quotes 300 yuan / ton near. Today, traders continue to raise their discount quotations, mainly due to the poor shipments of smelters, resulting in less goods in circulation in Tianjin spot market, less or even no goods available, resulting in increased willingness of traders to offer prices. Downstream, downstream consumption in April than earlier improved, zinc prices rebounded today superimposed higher discount level, downstream willingness to take goods weaker than last Friday, the spot market as a whole trading in general. Overall, today's deal was weaker than last Friday. The transaction of zinc ingot is near 15590-15970 yuan / ton.