SMM4, 16 March:
The mainstream transaction of zinc ingots in Tianjin market was 16160-17590 yuan / ton, that of ordinary brands was 16110-16240 yuan / ton, and that of the 2005 contract was 210 yuan / ton to 330 yuan / ton. Compared with Shanghai stock market, Tianjin market rose from 130 yuan / ton to 160 yuan / ton. Today, the Shanghai zinc high shock, the spot market up the discount quotation, the quotation is more divided, the ordinary brand lark newspaper in the 05 contract bid up 250 yuan / ton, the red newspaper reported in the 05 contract rose 270 yuan / ton, Chi Hong reported in the 05 contract rose 210 yuan / ton, the high price brand Zijin reported 330 yuan / ton to the May contract. Today, zinc prices fluctuate, traders quote some differentiation, among them Chihong and lark due to the small market volume, supply is not sustainable, resulting in traders quote lower, and red Ye and Zijin again raised the price; downstream, prices continue to rise, downstream to maintain just need to purchase, according to orders to purchase, did not hoard in advance. On the whole, transactions today are slightly weaker than yesterday. The transaction of zinc ingot is near 16110-16240 yuan / ton.