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[SMM afternoon Review] Guangdong Zinc: inventory continues to decline market price shipment
May 20,2020 11:51CST
translation
Source:SMM
SMM5 on March 20: the mainstream transaction of Guangdong Zinc was 16790mur16920 yuan / ton, and the quotation was concentrated in the price increase of 50 million yuan / ton for the Shanghai zinc 2007 contract, and the discount on the Guangdong stock market was 120 yuan / ton lower than that of the previous trading day, which was 10 yuan lower than that of the previous trading day.
The content below was translated by Tencent automatically for reference.

SMM5 on March 20: the mainstream transaction of Guangdong Zinc was 16790mur16920 yuan / ton, and the quotation was concentrated in the price increase of 50 million yuan / ton for the Shanghai zinc 2007 contract, and the discount on the Guangdong stock market was 120 yuan / ton lower than that of the previous trading day, which was 10 yuan lower than that of the previous trading day. In the first trading session, the inventory dropped slightly, and the price quoted by the holder was still firm, and some of it was quoted at 5mur10 yuan on the net price, but on the whole, the net price was mostly flat, and the transaction price between market traders was good, and the downstream just needed to purchase mainly, and the procurement was limited. Kirin and Mongolia quoted a price for the July contract of Shanghai zinc, which rose 60rel yuan / ton, and Tiefeng water rose 50rel 70 yuan / ton. The second trading session, individual holders slightly adjust the price of shipments, taken together, the overall market quotation has not changed much, the transaction is also relatively stable. Kirin and Mongolia quoted a price for the July contract of zinc in Shanghai for 60 won 70 yuan / ton, while Tiefeng water rose 60 won 70 yuan / ton. The mainstream transactions of Kirin, Mengzi, Huize, Tiefeng and Feilong were 16790 Mel 16920 yuan / ton.

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