[SMM afternoon Review] Zinc in Ningbo: zinc price callback downstream purchase and rewarming

SMM7 March 23:

The mainstream transaction of Ningbo Gao was 17890 RMB17990 / ton. The price difference between Ningbo and Shanghai ordinary brands changed from yesterday's Pingshui to around 20 RMB / ton. The average brand contract for ordinary brands in Ningbo was around 2008 yuan / ton. The price difference between Ningbo and Shanghai ordinary brands changed from yesterday to around 20 yuan / ton. Today's zinc price correction, due to the long order delivery in the near month, rising water in Shanghai fell, Ningbo market high-priced brand quotations fell. In the first trading session, Tiefeng News was near 100 yuan / ton for August contract, West Mining News was around 80 yuan / ton for August contract, Kirin was near 100 yuan / ton for August contract, Huize was around 150 yuan / ton for August contract, and Nanhua News was around 150 yuan / ton for August contract. Overall, today's market transactions are concentrated in low-cost brands, and the market turnover is significantly better than yesterday.

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