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April 20 Guangdong zinc ingots in stock
Apr 20,2020 11:47CST
translation
Source:SMM
SMM4 20: Guangdong zinc mainstream transaction in 15990-16140 yuan / ton, quotation focused on Shanghai zinc 2006 contract discount 20 to 10 yuan / ton, Guangdong market compared with Shanghai stock market discount 130 yuan / ton is flat compared with the previous trading day.
The content below was translated by Tencent automatically for reference.

SMM4 20: Guangdong zinc mainstream transaction in 15990-16140 yuan / ton, quotation focused on Shanghai zinc 2006 contract discount 20 to 10 yuan / ton, Guangdong market compared with Shanghai stock market discount 130 yuan / ton is flat compared with the previous trading day. In the first trading period, when the price is relatively low, the holder has a strong mood of propping up the price, and the foreign quotation is higher, but the traders mostly look for the source of water goods, and later as the price rebounds, the market quotation is loosened and the overall transaction increases, but most of them are mainly traded by traders. Kirin, Mengzi, Huize and Tiefeng quote 10 yuan to 10 yuan / ton on the Shanghai zinc June contract. In the second trading session, as prices continue to rise, smelters are more willing to ship, while downstream are afraid of high mining. In the case of insufficient demand, the holder continues to adjust the price and ship, and the spot discount is larger than that of the first period as a whole. Kirin, Mengzi, Huize and Tiefeng offer 10-20 yuan per ton for the June contract. Kylin, Mengzi, Huize, Tiefeng mainstream transaction in 15990-16140 yuan / ton.

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