Ningbo Zinc: Downstream enterprise suspended operation due to typhoon, spot zinc transactions sluggish [SMM Midday Review]

Published: Aug 10, 2026 11:32

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[Ningbo Zinc: Downstream Enterprises Halt Production Due to Typhoon, Spot Transactions Sluggish] The transaction price of mainstream brand 0# zinc in the Ningbo market is around 25,485-25,605 yuan/mt. The offer for conventional brands in Ningbo against the 2609 contract is at a premium of 15 yuan/mt and at a premium of 45 yuan/mt against Shanghai spot zinc. The mainstream brands in Ningbo are offering against the 2609 contract...

SMM, August 10:

The transaction price of mainstream 0# zinc in the Ningbo market was around 25,485-25,605 yuan/mt. Ningbo conventional brands quoted a premium of 15 yuan/mt against the 2609 contract and a premium of 45 yuan/mt against the Shanghai spot cargo. Mainstream brands in Ningbo mainly quoted against the 2609 contract. In the first session, Yongchang quoted a premium of 10-20 yuan/mt against the 2609 contract, Anning quoted a premium of 10-30 yuan/mt against the 2609 contract, and Honglu-v (99.998) quoted a premium of 70 yuan/mt against the 2609 contract; in the second session, traders' offers were flat with the first session. Due to the typhoon weather, most downstream factories in Ningbo were shut down today, and downstream enterprises had almost no inquiries or purchases. The overall spot market performance was sluggish, traders quoted prices in a nonchalant manner, and spot premiums were little changed MoM.

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