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SMM4 14 Ningbo zinc ingots spot: trading in the trading market can still be downstream actual transaction is weak
Apr 14,2020 11:45CST
translation
Source:SMM
SMM, April 14: the mainstream transaction in Ningbo was 15880-15990 yuan / ton, the ordinary brand rose 120-140 yuan / ton to the 2005 contract, and the price difference between Ningbo and Shanghai ordinary brand remained near 30 yuan / ton yesterday.
The content below was translated by Tencent automatically for reference.

SMM, April 14 / PRNewswire-Asianet /-Trading in the trading market is still downstream and actual transactions are weak

The mainstream transaction in Ningbo was 1588015990 yuan / ton, the ordinary brand rose 120-140 yuan / ton to the 2005 contract, and the price difference between Ningbo and Shanghai ordinary brand remained near 30 yuan / ton yesterday. Today, market holders are more active in reporting goods and have a strong willingness to ship goods. In the first period of the morning, the market quotation focused on the ordinary mainstream brands such as Tiefeng and Xikuang, which reported a 120 yuan / ton increase in the May contract, Kirin reported a 130 yuan / ton increase in the May contract, and the Hualian brand raised 130 yuan / ton in the May contract due to less supply. The warehouse raised 130 yuan / ton on the May contract, and the transaction was better. In the vicinity of 140-150 yuan / ton for the May contract, most of the transactions were 140 yuan / ton. Generally speaking, the trading market is better today, some traders have a strong willingness to receive and deliver orders, and the actual willingness to receive goods downstream is lower. On the whole, the transaction situation in the downstream market has taken a turn for the worse.

Brand name

Liter water

Tiefeng, West Mine

5: 120

Kirin, Hualian

5: 130

Huize

5: 140-150

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