SMM5, 11th May:
The mainstream transaction in Ningbo was 17000-17100 yuan / ton, the ordinary brand rose 110-130 yuan / ton to the 2005 contract, and the price difference between Ningbo and Shanghai ordinary brand remained near 30 yuan / ton on Friday. Today, zinc prices slightly revised back, Shanghai rising water gradually lower, Ningbo market slightly followed, but traders' willingness to ship has weakened. In the first trading session in the morning, the holdings quoted in Huize, Tiefeng, Hualian and West Mine rose 120 yuan / ton on the May contract, while Kirin reported a rise of about 150 yuan / ton on the May contract. Entering the second trading session, transactions remained weak, some shippers suspended shipments, most brand prices gradually reduced by 20 yuan / ton, Kirin reported in May to rise 130 yuan / ton, the rest of the brand reported at 100-110 yuan / ton. Overall, today's market transaction atmosphere compared with last Friday, the transaction situation is very light.
Huize, Hualian, Tiefeng, West Mine
Five hundred and one hundred and ten
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