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SMM7 7th Ningbo zinc ingot stock
Jul 7,2020 11:53CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7, March 7:

The mainstream transaction of Ningbo Gao was 16820mur16920 yuan / ton, and the price difference between Ningbo and Shanghai ordinary brands was maintained around 10 yuan / ton since yesterday, while the contract water of ordinary brands for ordinary brands in Ningbo was around 2007 yuan per ton, and the price difference between Ningbo and Shanghai ordinary brands was maintained at around 10 yuan per ton. Today, the turnover in the Ningbo market is still relatively light. In the first trading session, Tiefeng Bao was near 90 yuan / ton for the July contract, West Mining News was about 80 yuan / ton for the July contract, and Qilin was about 100 yuan / ton for the July contract. However, the center of gravity of zinc price operation has shifted upward, and the willingness of downstream enterprises to buy has obviously weakened. Entering the second period of time, Kirin lowered the water price to 90 yuan / ton for the July contract. On the whole, Market turnover remained weak after the downgrade. Trading in the market today is worse than it was yesterday.

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