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SMM7 14th Ningbo zinc ingots from stock

iconJul 14, 2020 11:49
Source:SMM

SMM7 March 14:

The price difference between Ningbo and Shanghai ordinary brands narrowed from 20 yuan / ton yesterday to around 10 yuan / ton. The mainstream transaction of Ningbo brand was 17940 won per ton, and the contract water for ordinary brands was 2008 yuan per ton. The price difference between Ningbo and Shanghai ordinary brands was reduced from 20 yuan per ton to 10 yuan per ton. Today, zinc prices are high and fluctuating, and the willingness of downstream enterprises to buy is still weak. In the first trading session, traders continued to quote yesterday. Tiefeng reported that the water rose around 70 yuan / ton for the August contract. West Mining News is around 60 yuan / ton for the August contract, and Kirin and Huize News are around 80 yuan / ton for the August contract. There has been no obvious change in the rising water in the follow-up market. Today, market trading is still dominated by traders, and the willingness of downstream enterprises to buy is very weak. today, the market turnover is basically flat compared with yesterday, still maintaining a light trend.

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