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SMM7 20th Ningbo zinc ingots in stock

iconJul 20, 2020 11:50
Source:SMM

SMM7 March 20:

The mainstream transaction of Ningbo Gao was 17660 Mel 17760 yuan / ton, and the price of the ordinary brand increased by 80 won 130 yuan / ton to 2008, and the price difference between Ningbo and the ordinary brand in Shanghai changed from the flat water last Friday to around 10 yuan / ton of discount. Today's correction in zinc prices has led to the buying mood downstream, and Ningbo market traders are more active in shipments. In the first trading session, Tiefeng reported that the water rose around 100 yuan per ton for the August contract, and the West Mining News raised about 80 yuan per ton for the August contract. Kirin reported around 130 yuan per ton for the August contract, and Huize reported around 200 yuan per ton for the August contract. In addition, some imported zinc, such as Harbin zinc, is quoted around 10 yuan / ton for the August contract, and Myanmar zinc is reported around 50 yuan / ton for the August contract. The market downward adjustment overlay market supply circulation is more abundant, today Ningbo market trading has improved, downstream enterprises purchase willingness to pick up.

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