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SMM5 29th Ningbo zinc ingot stock
May 29,2020 12:02CST
translation
Source:SMM
SMM5 on the 29th: the mainstream transaction of Ningbo Bao was 16430mi 16530 yuan / ton, the ordinary brand contract water rose 120 MUE 150 yuan / ton to 2006, and the price difference between Ningbo and Shanghai ordinary brand was maintained at 10 yuan / ton discount yesterday to near Pingshui.
The content below was translated by Tencent automatically for reference.

On the 29th of the month of SMM5:

The mainstream transaction of Ningbo Gao was 16430 Mel 16530 yuan / ton, and the price difference between Ningbo and Shanghai ordinary brands was maintained at a discount of 10 yuan / ton yesterday to near Pingshui, while the price of ordinary brands in Ningbo rose to around 150 yuan per ton in the contract of 2006. Today, Shengshui in Shanghai has weakened, and the price gap between the two places has basically flattened. In the first session of the morning, the consignor slightly lowered the water supply, Tiefeng and Huize News rose 150 yuan / ton for the June contract, Yunxi News raised 120 yuan / ton for the June contract, Kirin lowered it to 120 yuan / ton for the June contract, and the West Mining News raised 240 yuan / ton for the July contract, which translates to 110 million yuan / ton for the June contract that month. There are many inquiries in the market today, but the actual turnover is still light, which is basically flat compared with yesterday, and the willingness to prepare stocks at the weekend is lower.

Brand

Lift and discount

Xikuang, Yunxi, Kirin

6: 120

Huize and Tiefeng

6: 150

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