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[SMM afternoon Review] Tianjin Zinc: traders have a strong willingness to raise prices and the Tianjin market has seen a big increase in discount.
May 26,2020 11:48CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM5 March 26:

The mainstream turnover of zinc ingots in Tianjin market was 16620mur17660 yuan / ton, while that of ordinary brands was 16620mur16720 yuan / ton. For the 2006 contract, the price of rising water was 270yuan / ton to 350yuan / ton. Compared with Shanghai stock market, the price of rising water in Tianjin stock market rose from 70 yuan / ton to about 150yuan / ton. Today, Shanghai zinc low shock, the spot market to raise the discount price, the price is more divergent, the ordinary brand lark newspaper in the 06 contract quoted water 270 yuan / ton, Hongli quoted on the 06 contract quoted water 320 yuan / ton, Chi Hong quoted water 350 yuan / ton on the 06 contract, high-price brand Zijin quoted water 350 yuan / ton on the June contract, KZ quoted a premium of 210 yuan / ton on the 06 contract, and Kirin quoted a premium of 270 yuan / ton on the 06 contract. Today, zinc prices are low and fluctuating, traders have a strong willingness to raise prices, and the discount has risen sharply, among which Chihong has a poor transaction due to its small market volume and high price sales; downstream, spot prices in Tianjin are stable today, and downstream enterprises' willingness to receive goods has not weakened, and some enterprises just need to replenish their inventory. On the whole, today's transaction is the same as that of yesterday. Zinc ingots traded around 16570 million yuan per ton.

Brand

Lift and discount

Chi Hong

Hong Ye

6: 320

Lark

Six hundred and twenty-seven

Purple gold

640 340

Huludao

6: 1290

Kylin

Six hundred and twenty-seven

KZ

6: 210

Zinc

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