SMM4 21 Shanghai zinc ingots in stock

SMM, 21 April:

Shanghai Zinc mainstream transaction in 15900-16040 yuan / ton, Shuangyan transaction in 15920-16060 yuan / ton; Shuangyan ordinary price of 150 yuan / ton in May; Shuangyan in 170 yuan / ton in May; mainstream transaction in 15830-15970 yuan / ton. Shanghai zinc 2005 contract shock fell back, the first trading session in the morning closed at 15805 yuan / ton, the first time in the morning, as the price fell, downstream began to inquire, the market trading is active, while the trade market is still dominated by long orders, spot rising water continues to rise, the market mainstream transactions concentrated in the SMM net average price to 10 yuan / ton, the mainstream quotation of 2005 contracts rose 130% 140 yuan / ton; Enter the second period, traders continue to raise the water shipment, the mainstream of the holder reported to the 2005 contract up to 150 yuan / ton; as zinc prices strengthened a few days ago, most of the downstream wait-and-see, procurement intention is general, today as prices fall, downstream enterprises increase procurement efforts, today the overall transaction is more active.