[SMM afternoon Review] Tianjin Zinc: refinery shipments are small traders keep up-price shipments

Published: May 27, 2020 11:52

SMM5 March 27:

The mainstream turnover of zinc ingots in Tianjin market was 16640 Mel 17700 yuan / ton, while that of ordinary brands was 16640 Mel 16770 yuan / ton. for the 2006 contract, the price of rising water was 210yuan / ton to 360yuan / ton, and the price of Tianjin stock market was about 150yuan / ton higher than that of Shanghai stock market. Today, Shanghai zinc low concussion, the spot market to maintain a rising discount price, the price is more divergent, the ordinary brand lark newspaper in the 06 contract quoted 300 yuan / ton, Hongli quoted in the 06 contract quoted water 320 yuan / ton, Chi Hong quoted in the 06 contract quoted water 250 yuan / ton, high-price brand Zijin quoted water 360 yuan / ton in June contract, KZ quoted in the 06 contract up 210 yuan / ton, Tiefeng newspaper in the 06 contract quoted 270 yuan / ton. Today, zinc prices are low and fluctuating, refinery shipments are less, traders continue to push up prices and keep the discount high, and Guangdong zinc ingots are also concentrated in the near future; downstream, spot prices in Tianjin are stable today, and downstream enterprises are willing to receive goods. Some enterprises just need to replenish the stock. On the whole, today's transaction is the same as that of yesterday. Zinc ingots traded at around 16590 RMB16720 per ton.

Brand

Lift and discount

Chi Hong

Hong Ye

6: 320

Lark

6300

Purple gold

640 360

Huludao

6: 1290

Iron peak

Six hundred and twenty-seven

KZ

6: 210

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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