SMM5, 8 March:

The mainstream turnover of zinc ingots in Tianjin market was 17040mur18390 yuan / ton, while that of ordinary brands was 17040MUE 17210 yuan / ton. For the 2005 contract, the price of rising water was around 100yuan / ton to 250yuan / ton. Compared with Shanghai stock market, the price of rising water in Tianjin stock market dropped from 70 yuan / ton to about 30 yuan / ton. Today, Shanghai zinc continues to rise, the spot market downgrade the discount price, the price is more uniform, the ordinary brand Bai Ling Bao is quoted for the 05 contract with a premium of 120 Mel / ton, the Red Coat is quoted for the 05 contract with a premium of 160 Mel / ton, Chi Hong is quoted for the 05 contract with a premium of 120 Mel / ton, the fourth Ring Road is quoted at 100 yuan / ton for the 05 contract, and the high-priced brand Zijin is quoted near 250,220 yuan / ton for the May contract. Zinc prices continued to rise today, traders initially maintained a discount quotation for shipment, but due to poor transactions, superimposed smelters shipped at a low price, and then lowered the discount quotation again, the downstream transaction slightly improved; downstream, zinc prices continue to rise today, the overall willingness to pick up is poor. On the whole, deals have been done today. Zinc ingots were sold at around 16990 RMB17160 per ton.

Brand name

Lift and discount

Chihong

5 # 120-100

Red Ye

5cm 160m 150

Lark

5 # 120-100

Purple gold

5-250-220

Huludao

5-1430

Four rings

5% 100