May 6 Tianjin zinc ingots in stock

Published: May 6, 2020 11:42

SMM5, June 6:

The mainstream transaction of zinc ingots in Tianjin market was 1676018040 yuan / ton, and that of ordinary brands was 1676016890 yuan / ton. The contract for 2005 rose 180 yuan / ton to 300 yuan / ton. Compared with Shanghai stock market, Tianjin market decreased from 160yuan / ton to 100yuan / ton. Today, Shanghai zinc continued to move higher, the spot market downgraded the discount quotation, the quotation is more uniform, the ordinary brand lark newspaper in the 05 contract rose 180 yuan / ton, the red dragon newspaper in the 05 contract rose 240 yuan / ton, Chi Hong reported in the 05 contract rose 200 yuan / ton, the fourth ring newspaper in the 05 contract rose 210 yuan / ton, the high price brand Zijin rose 300 yuan / ton to the May contract. Today, zinc prices continue to rise, traders initially offered shipments, but under poor transactions, lower discount quotations, of which lark due to the lack of sustainability in the spot market, resulting in its low quotation, the liquidity of other brands in the spot market has improved compared with April; downstream, a round of inventory has been carried out before the festival, and after today's futures prices rose, the overall willingness to pick up goods is poor. On the whole, the deal was light today. The transaction of zinc ingot is near 16710-16840 yuan / ton.

Brand name

Liter water

Chihong

5% 200

Red Ye

540

Lark

5: 180

Purple gold

5% 300

Huludao

5 # 1450

Four rings

5x 210

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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