May 14 Guangdong zinc ingots in stock

SMM5 March 14: Guangdong Zinc mainstream traded at 16440 Mel 16560 yuan / ton, and the quotation concentrated on the price rise of 20 RMB40 / ton for the Shanghai Zinc 2006 contract, and the Guangdong market discount of 110yuan / ton compared with the previous trading day was the same as the previous trading day. In the first trading session, futures prices continued to fall compared with yesterday, downstream bargain purchase willingness increased, the holder quotation is relatively strong, but there is still room for price adjustment, traders enter the market procurement has increased, driving the market to close transactions, Kirin, Mongolia from the quotation of Shanghai zinc June contract rose 3050 yuan / ton, Tiefeng 30-40 yuan / ton. In the second trading period, the holder is more active in shipping, the quotation is slightly loose, but near delivery also limits the spot discount to the contract of the month, the overall market demand is more stable. Kirin and Mongolia quoted a price of 30 yuan / ton for the six-month contract for zinc in Shanghai and 20 yuan / ton for Tiefeng. Kirin, Mengzi, Tiefeng mainstream transaction in 16440-16560 yuan / ton.

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