SMM, 24 April:
The mainstream transaction in Ningbo was 15970-16020 yuan / ton, and the price difference between Ningbo and Shanghai ordinary brands widened from 40 yuan / ton to 50 yuan / ton, the price difference between Ningbo and Shanghai increased from 40 yuan / ton to 50 yuan / ton. The supply of goods in the Ningbo market continues to be tight. In the first period of the morning, traders continued to quote yesterday. Huize reported a rise of 230 yuan / ton for the May contract, while Kirin, Hualian and Tiefeng reported near 220 yuan / ton for the May contract, but the transaction situation was more general. The main reason is that the rising water in Shanghai today is lower, Ningbo market due to tight supply, traders are willing to offer higher prices, superimposed follow-up high-speed or will resume charges, some traders control the pace of delivery. Some of the goods from Guangdong have been transferred to Ningbo and will arrive next week or one after another. Overall, today's lower reaches of the willingness to buy is poor, the overall transaction situation is basically flat compared with yesterday, more light.
Hualian, Kirin, Tiefeng
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