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[SMM afternoon Review] Zinc in Ningbo: the price of zinc has risen sharply, and there are few transactions in the market.
Jul 24,2020 11:48CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7 March 24:

The price difference between Ningbo and Shanghai ordinary brands has widened from 20 yuan / ton to 40 yuan / ton from yesterday's 20 yuan / ton to 40 yuan / ton. The mainstream transaction of Ningbo has been traded at 18210 won per ton, while the average brand price difference between Ningbo and Shanghai has widened from around 2008 yuan per ton to 100 won 150 yuan per ton. Today, zinc prices have risen sharply, the supply of goods in Ningbo market is tight, and traders are willing to raise prices and are unwilling to ship goods at low prices. In the first trading session, Tiefeng reported a rise of 100 yuan per ton for the August contract, a positive price for the West Mine around 100 yuan per ton for the August contract, and Nanhua around 100 yuan per ton for the August contract. Huize reported around 150 yuan / ton for the August contract. Overall, zinc prices have risen sharply today, the willingness of downstream enterprises to buy has obviously weakened, and there are few transactions in the market.

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