SMM4 22 Shanghai zinc ingots in stock

Published: Apr 22, 2020 11:40
SMM, April 22: Shanghai Zinc mainstream transaction in 15880-15970 yuan / ton, Shuangyan transaction in 15910-16000 yuan / ton; Shuangyan ordinary price of 220-230 yuan / ton in May; Shuangyan reported 250-260 yuan / ton in May; zinc mainstream transaction in 15800-15900 yuan / ton.

SMM, 22 April:

Shanghai zinc mainstream transaction in 15880-15970 yuan / ton, Shuangyan transaction in 15910-16000 yuan / ton; zinc general price of 220-230 yuan / ton in May; Shuangyan reported 250-260 yuan / ton in May; zinc mainstream transaction in 15800-15900 yuan / ton. Shanghai zinc 2005 contract low rebounded, the morning market closed at 15720 yuan / ton. Smelter normal shipment, this week within the long order will expire, traders procurement and delivery more active, some holders homeopathic price, early market domestic quotation up to rising water 230-250 yuan / ton, the increase in market acceptance is not high, to SMM average price + 10 5 yuan / ton transaction is more active, at the same time, traders reported rising water 200 yuan / ton shipment, but the volume of goods less did not cause too much waves. Entering the second trading period, the market quotation held steady at 220-230 yuan / ton, Shuangyan Huize reported 250-260 yuan / ton, the market all had transactions, but the disk rose back up and the discount rose significantly, and the willingness to buy downstream decreased, only to do just-needed procurement, the main transaction within the day was contributed by traders.

Qiao brand

Transaction interval

2005

Shuangyan and Chi Hong

15910-16000

250-260

Qin Zinc and Yuguang

15880-15970

220-230

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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