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[SMM afternoon Review] Tianjin Zinc: traders continue to offer a high price and are not willing to pick up the goods downstream of Tianjin today.
May 28,2020 11:30CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM5 March 28:

In Tianjin market, the mainstream turnover of zinc ingots was 16600 RMB17640 / ton, while that of ordinary brands was 16600 RMB16770 / ton. for the 2006 contract, the price of rising water was 250 yuan / ton to 380 yuan / ton. compared with Shanghai, the price of Tianjin rose from 150 yuan / ton to about 170 yuan / ton. Today, Shanghai zinc rebounded, the spot market maintained a rising discount price, and the price was relatively uniform. The ordinary brand Bering News quoted a rise of 300 yuan per ton for the 06 contract, and Hongyi quoted a rise of 330 yuan per ton for the 06 contract. Chi Hong quoted a rise of 300 yuan per ton for the 06 contract, while the high-priced brand Zijin offered a rise of 380 yuan per ton for the June contract, and Tiefeng quoted a rise of 280 yuan per ton for the 06 contract. The fourth Ring Road quoted a rise of 250 yuan per ton for the 06 contract. Today, zinc prices fell and rebounded, due to the low circulation of mainstream brands in the market, refineries and traders maintained high-price shipments; downstream, Tianjin spot fell slightly today, downstream enterprises in the recent weak trend of zinc prices, bearish sentiment increased, consider to continue to receive goods on the bargain. On the whole, today's turnover is weaker than yesterday's. Zinc ingots were sold at around 16550 Mill 16710 yuan per ton.

Brand

Lift and discount

Chi Hong

Hong Ye

640 330

Lark

6300

Purple gold

680 380

Huludao

6: 1260

Iron peak

6: 280

Four rings

6: 250

Zinc

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