Ningbo Zinc: Traders Offer Laid-Back Quotes, Spot Premiums Little Changed [SMM Midday Review]

Published: Aug 12, 2026 11:34

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[Ningbo Zinc: Traders Quote Casually; Spot Premiums Little Changed] Mainstream #0 zinc in the Ningbo market was traded around 25,610-25,785 yuan/mt. Offers for regular brands in Ningbo were at a premium of 10 yuan/mt against the September 2026 contract, and a premium of 50 yuan/mt against Shanghai spot cargoes. Mainstream offers in Ningbo are mainly based on the September 2026 contract...

SMM August 12 news:

Ningbo market mainstream brand #0 zinc traded at around 25,610-25,785 yuan/mt. Regular brands in Ningbo quoted a premium of 10 yuan/mt against the 2609 contract and a premium of 50 yuan/mt against Shanghai spot cargoes. The mainstream in the Ningbo area quoted against the 2609 contract. In the first session, Yongchang and Anning quoted premiums of 10-20 yuan/mt against the 2609 contract, and Honglu-v (99.998) quoted a premium of 60 yuan/mt against the 2609 contract. In the second session, traders' quotes were flat compared with the previous session. Ningbo market traders quoted casually. Spot premiums were basically stable MoM, but SHFE zinc futures prices fluctuated at highs. Downstream enterprises, fearing high prices, continued to wait and see, with overall purchasing enthusiasm remaining low.

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