SMM5 14 March Shanghai Zinc Ingot spot

Published: May 14, 2020 12:52
SMM, May 14: Shanghai Zinc mainstream transaction in 16570-16630 yuan / ton, Shuangyan, Chihong transaction in 16580-16650 yuan / ton; Shuangyan, Chihong reported 120-140 yuan / ton quotation in June; Shuangyan and Chihong reported 140-150 yuan / ton in June; Zinc mainstream transaction in 16520-16570 yuan / ton.

SMM, 14 May:

The mainstream transaction of zinc in Shanghai was 16570 Mel 16630 yuan / ton, while Shuangyan and Chihong traded at 16580 RMB16650 / ton. Shuangyan and Chihong quoted a price of 120 Mor 140 yuan per ton in June, while Shuangyan and Chihong quoted 140 yuan per ton in June, and the mainstream turnover of Zine was 16520 16570 yuan / ton. The Shanghai Zinc 2005 contract fell and rebounded, and the morning market closed at 16490 yuan / ton. Zinc prices fell further, and the adjustment range of market quotation was limited. In the morning market, domestic water rose about 130 yuan / ton, Shuangyan reported about 150 yuan / ton, the first trading period was mainly traded by traders, and the average price and average price-5 were the main transaction price. the feedback of rising discount is limited. Entering the second trading period, the willingness to receive goods in the market increased significantly, and the market quotation was slightly adjusted to 130-140 yuan / ton, but the transaction at high prices was relatively limited. Shuangyan, Huize and so on warmed up the transaction of downstream brands, but the price adjustment was limited, while the import quotation was raised. SMC and yp reported 100-120 yuan / ton, while Belgium reported 80,90 yuan / ton, accompanied by the recovery of downstream mining and buying. Low-price import transactions have warmed back, but downstream buying is relatively restrained, the current zinc price is still on the high side, intra-day transactions slightly warmer than yesterday.

Qiao brand

Transaction interval

2006

Shuangyan and Chi Hong

16580-16650

140Muth150

Qin Zinc and Yuguang

16570-16630

120, 140

SMC 、 YP

16540-16610

100-110

Belgium, Spain

16520 Mutual 16590

80-90

 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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