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SMM5 14th Ningbo zinc ingots from stock
May 14,2020 11:41CST
translation
Source:SMM
SMM5 14: Ningbo mainstream transaction in 16570-16670 yuan / ton, ordinary brands on the 2006 contract rose 140-160 yuan / ton near, Ningbo compared with Shanghai ordinary brand spread maintained from 30 yuan / ton yesterday to 20 yuan / ton.
The content below was translated by Tencent automatically for reference.

SMM5, 14 March:

The mainstream transaction of Ningbo Gao was 16570 RMB16670 / ton, and the price difference between Ningbo and Shanghai ordinary brands was narrowed from 30 yuan / ton yesterday to 20 yuan / ton. The price difference between Ningbo and Shanghai ordinary brands was around 140,000,000 yuan / ton for ordinary brands with a contract of 2006 yuan / ton. Zinc prices remained weak shock, downstream enterprises wait-and-see willingness to weaken, holders slightly increased water shipments. In the first period of the morning, the holder reported the goods more actively, Tiefeng, Huize and other sources of goods continued to quote yesterday, reporting a rise of 150 yuan / ton for the June contract, 160 yuan / ton for the Kirin contract, 140 yuan / ton for the June contract, and 140-150 yuan / ton for the June contract. The transaction was concentrated around 140-150 yuan / ton; entering the second period, the plate returned to the market, the downstream mining and buying mood weakened, and the rising water did not fall. Overall, today's market transactions have warmed up compared with yesterday, mainly due to downstream enterprises wait-and-see mood weakened, superimposed just need to buy, the overall transaction situation has improved.

Brand name

Lift and discount

West Coal Mine, Hualian

6: 140

Huize and Tiefeng

6: 150

Kirin

660

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