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May 6 Guangdong zinc ingots in stock
May 6,2020 11:49CST
translation
Source:SMM
SMM5 6: Guangdong zinc mainstream transaction in 16370-16600 yuan / ton, quotation focused on Shanghai zinc 2006 contract up 40-60 yuan / ton, Guangdong market than Shanghai stock market discount 10 yuan / ton increased by 20 yuan compared with the previous trading day.
The content below was translated by Tencent automatically for reference.

SMM5 6: Guangdong zinc mainstream transaction in 16370-16600 yuan / ton, quotation focused on Shanghai zinc 2006 contract up 40-60 yuan / ton, Guangdong market than Shanghai stock market discount 10 yuan / ton increased by 20 yuan compared with the previous trading day. In the first trading session, futures prices opened low and went low, and then fell sharply. However, based on the limited arrival of goods in the Guangdong market during the holiday period, high prices were mainly sold, but the market wait-and-see sentiment was strong, and a small number of transactions were concluded between traders. Kirin, Mengzi, Huize, Tiefeng quoted price for Shanghai zinc June contract rose 45-60 yuan / ton. In the second trading session, futures prices fluctuated at high levels, lack of willingness to purchase downstream, traders pressed prices to receive goods, individual holders quoted prices slightly lower, the overall supply and demand sides are relatively deadlocked. Kirin, Mengzi, Huize and Tiefeng quoted 40-50 yuan per ton for the June contract. Kylin, Mengzi, Huize, Tiefeng mainstream transaction in 16370-16600 yuan / ton.

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