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[SMM afternoon Review] Tianjin Zinc: today, the downstream wait and see the main traders to lower the discount shipment.
May 29,2020 11:59CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

On the 29th of the month of SMM5:

The mainstream turnover of zinc ingots in Tianjin market was 16600mur17730 yuan / ton, while that of ordinary brands was 16600US16740 yuan / ton. For the 2006 contract, the price of rising water was about 230yuan / ton to 360yuan / ton, and the price of Tianjin stock market was about 170yuan / ton higher than that of Shanghai stock market. Today, Shanghai zinc rebounded upstream, and the spot market maintained a rising discount price, which was relatively uniform. The ordinary brand Bering News quoted a premium of 280 yuan per ton for the 06 contract, and Hongxin quoted a premium of 330 Mel yuan per ton for the 06 contract. Chi Hong quoted a premium of 280 Mel 250 yuan per tonne for the 06 contract, while the high-priced brand Zijin quoted a rise of 360 yuan per ton for the June contract. Tiefeng Bao quoted a premium of 270,250 yuan per ton for the 06 contract, while Zijin, a high-priced brand, quoted a premium of 360 yuan per ton for the June contract, while Tiefeng quoted a premium of 270,250 yuan per ton for the 06 contract. The fourth Ring Road reported a rise of 230 yuan / ton for the 06 contract. Zinc prices rebounded upwards today, and traders initially raised the price, but lowered the discount price after a poor deal; downstream, it is better to receive goods in the middle and lower reaches of Tianjin this week, and a round of replenishment has been carried out, mainly waiting to be seen today. On the whole, today's transaction is the same as that of yesterday. Zinc ingots were sold at around 16550 Mill 16690 yuan per ton.

Brand

Lift and discount

Chi Hong

Hong Ye

680 330m 310

Lark

6: 280

Purple gold

640 360

Huludao

6: 1350

Iron peak

680 270Mutual 250

Four rings

6: 230

Zinc

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