SMM4 27 March Shanghai Zinc Ingot spot

Published: Apr 27, 2020 11:45
SMM, April 27: 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; Zinc mainstream transaction in 16200-16320 yuan / ton.

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

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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SMM4 27 March Shanghai Zinc Ingot spot - Shanghai Metals Market (SMM)