SMM, 30 April:
The mainstream transaction of zinc in Shanghai was 16445-16505 yuan / ton, and that of Shuangyan was 16495-16545 yuan / ton. The price of zinc was 70 yuan / ton in May, 130 yuan / ton in May, 70 yuan / ton in May, and 16375-16475 yuan / ton in May. The Shanghai zinc 2005 contract rebounded, closing at 16365 yuan / ton in the first trading session of the morning market. With the approach of the holiday, the market trading was relatively light, the holders actively shipped in the morning, the spot rose and decreased rapidly, the traders took the initiative to lower the price of rising water, and the mainstream transactions in the market concentrated on the average price of SMM net-15 billion-20 yuan / ton. In the morning market, the 2005 contract rose by 110 yuan / ton, but the transaction was light. After the spot water down to 2005 contract water of 80 yuan / ton; Entering the second period, the holder continued to hold down the price of rising water, and the main report of the holder was 70 yuan / ton to the 2005 contract, but the market for low rising water had a strong willingness to receive goods. Although there are still quotations for imports in the market today, the overall supply volume is not high. With the end of downstream stock, trading turned weak today, and spot rising water fell rapidly.
