May 20 Tianjin zinc ingots in stock

Published: May 20, 2020 11:58

SMM5 March 20:

The mainstream turnover of zinc ingots in Tianjin market was 16960mur18140 yuan / ton, while that of ordinary brands was 16960mur17120 yuan / ton. For the 2006 contract, the price of rising water was about 130yuan / ton to 260yuan / ton, and the price of Tianjin stock market was about 60 yuan / ton higher than that of Shanghai stock market. Today, Shanghai zinc high concussion, the spot market to maintain a rising discount price, the price is more divergent, the ordinary brand lark newspaper in the 06 contract quoted water 220 yuan / ton, Hongzhong quoted on the 06 contract quoted water 240 Mutual 230 yuan / ton, Chi Hong quoted on the 06 contract 210 Mube 190 yuan / ton, import YP quoted 130 yuan / ton on the 06 contract, high-price brand Zijin quoted water 260 yuan / ton on the June contract. Today's high zinc prices shock, traders and smelters quite the same price mood, but due to the current Tianjin market low-cost brands such as: imported zinc, Mengzi, fourth Ring Road and so on, downstream enterprises prefer low-price brands, resulting in poor transaction of high-price mainstream brands, before the close of trading at noon, the mainstream brands all have a price adjustment of about 10rel 20 yuan / ton; downstream, spot prices in Tianjin today remain high, and downstream enterprises tend to take low-priced brands. On the whole, today's turnover is still light. Zinc ingots were traded around 16910 / ton at 17070 yuan / ton.

Brand

Lift and discount

Chi Hong

Hong Ye

680 240Mutual 230

Lark

640 220

Purple gold

6: 260

Huludao

6: 1280

YP

6: 130

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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