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[SMM afternoon Review] Zinc in Tianjin: zinc prices are low and shock downstream is more willing to purchase.
May 25,2020 12:03CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM5 March 25:

The mainstream turnover of zinc ingots in Tianjin market was 16620mur17740 yuan / ton, while that of ordinary brands was 16620mur16760 yuan / ton. For the 2006 contract, the price of rising water was about 180yuan / ton to 300yuan / ton, and the price of Tianjin stock market was about 70 yuan / ton higher than that of Shanghai stock market. Today, Shanghai zinc low shock, the spot market to raise the discount price, the price is more divergent, the ordinary brand lark newspaper quoted water 220 yuan / ton on the 06 contract, Hongli quoted water 220 yuan / ton on the 06 contract, Chi Hong quoted water 220 yuan / ton on the 06 contract, high-price brand Zijin quoted a premium of 300 yuan / ton on the June contract, KZ quoted a premium of 230 yuan / ton on the 06 contract, and the fourth Ring News quoted a rise of 180 yuan / ton on the 06 contract. Today, zinc prices are low and fluctuating, traders raise their discount quotations, some traders are more willing to raise their prices, and refineries ship fewer goods today, and rising water prices are higher; downstream, spot prices in Tianjin rose slightly today, and downstream enterprises are willing to take goods. Some enterprises just need to replenish the stock. On the whole, today's transaction is the same as last Friday. Zinc ingots traded at around 16570 RMB16710 per ton.

Brand

Lift and discount

Chi Hong

Hong Ye

Six hundred and twenty-seven

Lark

640 220

Purple gold

6300

Huludao

6: 1280

Four rings

6: 180

KZ

6: 230

Zinc

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