SMM, 30 April:
The mainstream transaction in Ningbo was 16440-16540 yuan / ton, the ordinary brand rose 120-150 yuan / ton to the 2005 contract, and the price difference between Ningbo and Shanghai ordinary brand widened from 40 yuan / ton to 50 yuan / ton yesterday. May Day holiday is approaching, the holder is actively shipping, and the tentative offer in the morning is lower than yesterday. Huize reported that the May contract rose 150 yuan / ton, Kirin reported 130 yuan / ton on the May contract, Tiefeng reported 120-130 yuan / ton on the May contract, and Hualian News rose 120 yuan / ton on the May contract. Today's market turnover is slightly better than yesterday, and a small number of downstream enterprises have just needed to buy. However, the willingness of the downstream enterprises as a whole to reserve the database is still not strong. Overall, transactions today are warmer than yesterday.
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