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SMM7 9th Ningbo zinc ingot stock

iconJul 9, 2020 11:45
Source:SMM

SMM7 March 9:

The mainstream transaction of Ningbo Brand was 17460 Mel 17560 yuan / ton, and the price difference between Ningbo and Shanghai ordinary brands was maintained around 20 yuan / ton. The contract for ordinary brands of ordinary brands in Ningbo was around 2008 RMB per ton of rising water, and the price difference between Ningbo and Shanghai ordinary brands was around 70 RMB90 per ton. Zinc prices rose sharply overnight, and today the market basically entered a state of price and no market. during the first trading session, traders lowered their tentative quotations for rising water. Tiefeng reported that the water rose about 80 yuan per ton for the August contract, and the West Mining News raised about 70 yuan per ton for the August contract. Qilin reported that the water rose around 90 yuan per ton for the August contract, but the disk pulled up, and there were almost no inquiries and transactions from downstream enterprises, and only a small number of traders traded. However, on the whole, the market is still in a state of price and no market, the rising water has not changed obviously, and the willingness of the consignor to ship goods is relatively light. Today's market turnover is significantly worse than yesterday.

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