SMM4 23 Shanghai zinc ingots in stock

SMM, 23 April:

Shanghai Zinc mainstream transaction in 15925-16035 yuan / ton, Shuangyan transaction in 15945-16055 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, the market was active, traders took the initiative to lower the price of rising water, the market mainstream transactions focused on the SMM net average price flat (current month ticket), with the quotation more chaotic, the mainstream of the 2005 contract rose 180 yuan / ton, but the transaction was light; In the second period, the holder continued to lower the price of rising water, the mainstream reported to the 2005 contract rose 160% 170 yuan / ton, but there are signs of receipt in the 2005 rising water market; Today, the market has ended one after another, downstream procurement today more wait-and-see, some downstream on-demand replenishment, trading is weaker than yesterday, traders market shipments and receipts coexist, taking into account the transfer of Guangdong supply to east China in the future, market rising water continues to rise pressure.