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May 13 Guangdong zinc ingots in stock

iconMay 13, 2020 11:50
Source:SMM
SMM5 13: Guangdong zinc mainstream transaction in 16570-16680 yuan / ton, the quotation focused on the Shanghai zinc 2006 contract rose 10-30 yuan / ton, the Guangdong market compared with the Shanghai stock market discount 10 yuan / ton narrower than the previous trading day 10 yuan / ton.

SMM5 13: Guangdong zinc mainstream transaction in 16570-16680 yuan / ton, the quotation focused on the Shanghai zinc 2006 contract rose 10-30 yuan / ton, the Guangdong market compared with the Shanghai stock market discount 10 yuan / ton narrower than the previous trading day 10 yuan / ton. In the first trading session, futures prices opened low and walked low, holders offered strong interest, the market quotation as a whole was higher than yesterday, downstream bargain inquiries increased, market transactions were OK, Kirin, Mengzi, Tiefeng quotation to Shanghai zinc June contract rose 15-30 yuan / ton. The second trading session, prices rebounded, downstream demand weakened, traders to maintain the value of normal shipments, part of the realization of active price adjustment shipment, spot rising water slightly lower than the first trading session, overall, today's downstream demand is better than yesterday. Kirin, Mengzi, Huize and Tiefeng quoted prices for the June contract to raise 10-20 yuan / ton to Pingshui. Yi Qilin, Mengzi, Tiefeng mainstream transaction in 16570-16680 yuan / ton.

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