SHANGHAI, APR 20 (SMM) - The #0 zinc transaction prices were 28,770~ 28,820 yuan/mt for mainstream brands, in premiums of 100 yuan/mt against Shanghai prices. Today, the fluctuation range of zinc prices narrowed. Although the prices still increased slightly on the whole, the momentum was suspended. After several days of wait-and-see in the downstream, the purchasing willingness increased today, while the Ningbo cargo holders still maintained the quotation at about 100 yuan/mt and were willing to ship. On the whole, the trading has recovered today, but the market still mainly purchased as needed.
Ningbo Zinc: The Trading Has Recovered Today, with a Small Number of Transactions in the Market [SMM Afternoon Comment]
[SMM Afternoon Comment: The trading recovered today, with a small number of transactions in the market] The #0 zinc transaction prices were 28,770~ 28,820 yuan/mt for mainstream brands, in premiums of 100 yuan/mt against Shanghai prices.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.
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