SMM, May 26th:
The mainstream trading of zinc in Shanghai was 16490 million yuan / ton, Shuangyan 16630 yuan / ton, imported zinc 16480 yuan 16540 yuan / ton; Shuangyan quoted 140 million yuan / ton of water in June; Shuangyan quoted 220 yuan / ton of water in June, imported zinc quoted 130 million yuan / ton in June, and zinc mainstream traded 16420 won 16480 yuan / ton. Shanghai Zinc 2006 contract shock weakened, the first trading session of the morning market closed at 16365 yuan / ton, today's market trading is general, mainly for the end of this month's long order, next month's ticket market mainstream transactions concentrated on the SMM net average price discount of 5 yuan / ton to flat, followed by quotes for 2006 contracts in the morning market up 160yuan / ton. Entering the second period of time, the spot rising water in the market began to decline, and the mainstream of the holders reported a rise of 150yuan / ton for the 2006 contract, and there was a price of 140yuan / ton at a low price; the spot price operated in a narrow range, and trading between traders was general, but downstream, with the lower zinc price, it is still dominated by demand.
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