SMM, May 25:
The mainstream transaction of zinc in Shanghai was 16480 RMB16610 / ton, Shuangyan 16530 RMB16650 / ton, and imported zinc 16450 RMB16580 / ton. Zinc in Shanghai was generally quoted for 160 yuan per ton of water in June; Shuangyan quoted water at 220 yuan per ton in June, and imported zinc traded at 130 yuan per ton in June; and zinc mainstream traded at 16410,16540 yuan per ton. Shanghai Zinc 2006 contract fell and rebounded, and the first trading session of the morning market closed at 16435 yuan / ton. the long order ended today, and the market was active, but the transaction was better than the demand of some traders for that month's tickets. the mainstream transaction of that month's ticket market concentrated on the average price discount of 5 yuan / ton to flat price of SMM net, and the market rose 170yuan / ton to 2006 contract in the morning. Entering the second period of time, the market quotation is relatively stable, and the mainstream of the holder reported a rise of 160,0170 yuan / ton for the 2006 contract; the spot price stopped falling and stabilized, and the long order ended today, and the market was in demand for that month's tickets. the spot supply of the current month is relatively strong, and the purchasing mood downstream today is still good, mainly to meet bargains and replenish warehouses.
