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April 28 Guangdong zinc ingots in stock
Apr 28,2020 11:54CST
translation
Source:SMM
SMM4 28: Guangdong zinc mainstream transaction in 16040-16190 yuan / ton, the quotation focused on the Shanghai zinc 2006 contract rose 30-50 yuan / ton, Guangdong market than Shanghai stock market discount 150 yuan / ton increased by 10 yuan compared with the previous trading day.
The content below was translated by Tencent automatically for reference.

SMM4 28: Guangdong zinc mainstream transaction in 16040-16190 yuan / ton, the quotation focused on the Shanghai zinc 2006 contract rose 30-50 yuan / ton, Guangdong market than Shanghai stock market discount 150 yuan / ton increased by 10 yuan compared with the previous trading day. In the first trading period, the early price fell and the market still offered mainly for shipment, but as the price rebounded, there were few inquiries downstream, the market quotation was lowered, and trading was mainly concluded between traders. Kirin, Mengzi, Huize, Tiefeng quoted price on the Shanghai zinc June contract rose 40-50 yuan / ton, Feilong 30 yuan / ton. In the second trading period, the supply of warehouse receipts has increased recently, and the market can be circulated with abundant resources. The holders are worried about the increase in market arrivals during the May Day holiday, and the demand for cash delivery is higher, and shipments in rising water are more active, while traders mainly purchase goods at low prices and close transactions at low prices in the market. Kirin, Mengzi, Huize and Tiefeng quoted 30-40 yuan per ton for the June contract. Kylin, Mengzi, Huize, Tiefeng mainstream transaction in 16040-16190 yuan / ton.

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