SMM4 27 March Shanghai Zinc Ingot spot

SMM, 27 April:

Shanghai Zinc mainstream transaction in 16290-16410 yuan / ton, Shuangyan, Chi Hong in 16330-16440 yuan / ton; Shuangyan and Chihong quoted 150-160 yuan / ton in May; Shuangyan and Chihong reported 180-200 yuan / ton in May; Shuangyan and Qihong traded in 16200-16320 yuan / ton. Shanghai Zinc 2005 contract opened high after finishing operation, the morning market closed at 16190 yuan / ton. The smelter shipped normally, after the end of the month, the traders entered the settlement closing stage, the market trading atmosphere became weaker, the intra-day market quotation remained stable at 150-160 yuan / ton, and the low price was the invoice source next month. The morning market did not recognize the rising water relatively smoothly, with the average price and average price-5 relatively smooth, and the transaction on the second exchange was limited, while Shuangyan circulation was tight and the quotation was more divergent. There are reported water 200 yuan / ton, there are also reported water 240 yuan / ton, however, the disk significantly increased after the downstream consumption is obviously suppressed, Shuangyan follow-up actual quotation transaction for the rising water 180-190 yuan / ton, the overall volume is small, the overall transaction within the day is slightly dull.

Qiao brand

Transaction interval

2005

Shuangyan and Chi Hong

16330-16440

180-200

Qin Zinc and Yuguang

16290-16410

150-160