SMM5, July 7:
The mainstream transaction of zinc ingots in Tianjin market was 16800-18130 yuan / ton, and that of ordinary brands was 16800-17000 yuan / ton. The contract for 2005 rose from 120 yuan / ton to 280 yuan / ton, and the price in Tianjin was lower than that in Shanghai market from 100 yuan / ton to 700 yuan / 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 170 yuan / ton, the red newspaper in the 05 contract rose 200 yuan / ton, Chi Hong reported in the 05 contract rose 120 yuan / ton, the fourth ring newspaper in the 05 contract rose 120 yuan / ton, the high price brand Zijin reported 280 yuan / ton to the May contract. Today, zinc prices continue to rise, traders initially offered shipments, but refineries shipments increased, superimposed transactions are poor, the spot market rising water down faster; downstream, before the festival has been a round of storage, today's futures prices rose, the overall willingness to buy goods is poor. On the whole, the deal was light today. The transaction of zinc ingot is near 16750-16950 yuan / ton.
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