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May 19 Guangdong zinc ingots in stock
May 19,2020 11:40CST
translation
Source:SMM
SMM5 on March 19: the mainstream transaction of Guangdong Zinc was 16790mur16960 yuan / ton, and the quotation was concentrated on the price rise of 40muri 70 yuan / ton for the Shanghai Zinc 2007 contract, and the discount of the Guangdong market was the same as that of the previous trading day compared with the previous trading day.
The content below was translated by Tencent automatically for reference.

SMM5 on March 19: the mainstream transaction of Guangdong Zinc was 16790mur16960 yuan / ton, and the quotation was concentrated on the price rise of 40muri 70 yuan / ton for the Shanghai Zinc 2007 contract, and the discount of the Guangdong market was the same as that of the previous trading day compared with the previous trading day. The first trading session, although futures prices are high, but the holder based on Guangdong inventory continues to decline, price sentiment is strong, quotations are still relatively high, traders meet low-price supply demand, downstream is facing high water, high prices overall wait-and-see, Kirin, Mengzi quoted for the Shanghai zinc contract for July rising water 60rel 70 yuan / ton, Feilong rising water 40 yuan / ton. In the second trading session, in the absence of downstream buying support, market demand weakens, but the price of the holder is still relatively strong, and the market trading volume is limited. Kirin, Mengzi, Huize, Tiefeng quoted prices for the Shanghai zinc contract for July to rise 50 RMB70 / ton. The mainstream transactions of Kirin, Mengzi, Huize, Tiefeng and Feilong were 16790 Mel 16960 yuan / ton.

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