May 19 Tianjin zinc ingots in stock

Published: May 19, 2020 11:32

SMM5 March 19:

The mainstream turnover of zinc ingots in Tianjin market was 17000mur18270 yuan / ton, while that of ordinary brands was 17000mur17130 yuan / ton. for the 2006 contract, the price of rising water was around 200yuan / ton to 270yuan / ton, and the Tianjin market was about 60 yuan / ton higher than that of Shanghai. Today, the price of zinc in Shanghai expanded, and the spot market maintained a discount price, and the price was more divergent. The ordinary brand Bering News quoted a rise of 200 yuan / ton for the 06 contract, and Hongyi quoted a rise of 240 yuan / ton for the 06 contract. Chi Hong quoted a rise of 210 yuan / ton for the 06 contract, Shuangyan quoted a rise of 200 yuan / ton for the 06 contract, and the high-priced brand Zijin quoted a rise of 270 yuan / ton for the June contract. Today, zinc prices rise to a high level, traders and smelters are more willing to raise prices, but only low-price brands have a better deal, while high-price brands have a light deal; downstream, the spot price in Tianjin has broken the Wanqi barrier, and the downstream is more willing to wait and see. The overall mood of receiving goods is not good. Overall, trading today is weaker than yesterday. Zinc ingots were sold at around 16,950 RMB17080 per ton.

Brand

Lift and discount

Chi Hong

Hong Ye

640

Lark

6200

Purple gold

Six hundred and twenty-seven

Huludao

61410

Double swallow

6200

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