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April 30 Guangdong zinc ingots in stock
Apr 30,2020 11:45CST
translation
Source:SMM
SMM4 30: Guangdong zinc mainstream transaction in 16350-16430 yuan / ton, the quotation focused on the Shanghai zinc 2006 contract rose 10-40 yuan / ton, Guangdong market compared with Shanghai stock market discount 90 yuan / ton narrower than the previous trading day 20 yuan.
The content below was translated by Tencent automatically for reference.

SMM4 30: Guangdong zinc mainstream transaction in 16350-16430 yuan / ton, the quotation focused on the Shanghai zinc 2006 contract rose 10-40 yuan / ton, Guangdong market compared with Shanghai stock market discount 90 yuan / ton narrower than the previous trading day 20 yuan. The first trading period, the initial part of the traders for the shipment price is relatively low, waiting for the low price source transaction, the market quotation is relatively stable, but the holder is still active shipment, Kirin, Mengzi, Huize, Tiefeng quotation to Shanghai zinc June contract up 10-30 yuan / ton. The second trading period, downstream early replenishment, today zinc prices continue to go higher to suppress replenishment demand, the later market circulation supply has declined, a small number of transactions in the market, the overall supply and demand are weak. Kirin, Mengzi, Huize and Tiefeng quoted 20-30 yuan per ton for the June contract. Qilin, Mengzi, Huize, Tiefeng mainstream transaction in 16350-16430 yuan / ton.

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