May 18 Tianjin zinc ingots in stock

Published: May 18, 2020 11:45

SMM5 March 18:

The mainstream turnover of zinc ingots in Tianjin market was 16730mur17980 yuan / ton, while that of ordinary brands was 16730mur16870 yuan / ton. For the 2006 contract, the price of rising water was about 120yuan / ton to 250yuan / ton, and the price of Tianjin stock market was about 60 yuan / ton higher than that of Shanghai stock market. Today, Shanghai zinc concussion rises, the spot market maintains a rising discount price, and the quotation is more divergent. The ordinary brand Bering News quotes 230 yuan / ton for 06 contract, Hongyi quotes 240 yuan / ton for 06 contract, Chi Hong quotes 190 yuan / ton for 06 contract, Shuangyan newspaper quotes 200 yuan / ton for 06 contract, and imported KZ quotes 120 yuan / ton for 06 contract. High-priced brand Zijin offered a rise of 250 yuan / ton to the June contract. Today, zinc prices have stopped falling and rebounded, traders have a strong willingness to stand up, and some brands are offering divergent quotations, including kz's earlier offer, which was adjusted to RMB180 / ton before the close, while mainstream brands shipped at a positive price; downstream, the center of gravity of zinc prices gradually moved up and down, and the short-term bullish sentiment of downstream enterprises was strong, and the willingness to receive goods was flat than last Friday. On the whole, today's transaction is the same as last Friday. Zinc ingots traded around 16680 RMB16820 per ton.

Brand

Lift and discount

Chi Hong

Hong Ye

640

Lark

6: 230

Purple gold

6: 250

Huludao

6: 1360

Double swallow

6200

KZ

6: 120

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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May 18 Tianjin zinc ingots in stock - Shanghai Metals Market (SMM)