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May 11 Guangdong zinc ingots in stock
May 11,2020 11:42CST
translation
Source:SMM
SMM5, March 11: Guangdong zinc mainstream transaction in 16870-16970 yuan / ton, the quotation focused on the Shanghai zinc 2006 contract rose 0-40 yuan / ton, Guangdong market compared with Shanghai stock market discount 110 yuan / ton is flat compared with the previous trading day.
The content below was translated by Tencent automatically for reference.

SMM5 March 11: the mainstream transaction of Guangdong Zinc was 16870mur16970 yuan / ton, and the quotation was concentrated on the price of 40 yuan / ton for the 2006 contract in Shanghai, and the discount on the Guangdong market was the same as that of the previous trading day. In the first trading session, futures prices are still strong, but inventory in Guangdong has not changed much, and the initial price of the holder is still relatively high, but we have heard that there is an inflow of imported zinc into the Guangdong bonded area, which is dominated by active shipments in the market, and the spot rising water has also been lowered. Kirin, Mengzi, Huize and Tiefeng quoted 10-40 yuan / ton for Shanghai zinc June contract and 100 yuan / ton for flying dragon. The second trading session, prices are still high and volatile, downstream procurement volume is still limited, individual holders continue to reduce prices for shipments, spot rising water pressure, but approaching delivery, the discount for futures that month is limited, the holder is not willing to continue to adjust prices. Kirin, Mengzi, Huize and Tiefeng quoted 0-20 yuan / ton for the June contract. Kylin, Mengzi, Huize, Tiefeng mainstream transaction in 16870-16970 yuan / ton.

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