Ningbo Zinc: Downstream Hesitates at High Prices, Spot Zinc Transactions Weaken [SMM Midday Review]

게시됨: Mar 6, 2025 11:52
[Ningbo Zinc: Downstream Hesitates at High Prices, Spot Transactions Weaken] The mainstream brand 0# zinc transaction price in the Ningbo market was around 23,890-24,075 yuan/mt. Regular brands in Ningbo quoted a premium of 20 yuan/mt against the 2504 contract and a premium of 30 yuan/mt against Shanghai spot cargo. Mainstream quotations in the Ningbo region were made against the 2503 contract...
SMM March 6 News: The mainstream transaction price of 0# zinc in the Ningbo market was around 23,890-24,075 yuan/mt. Regular brands in Ningbo quoted a premium of 20 yuan/mt against the 2504 contract and a premium of 30 yuan/mt against the Shanghai spot price, with mainstream quotes in Ningbo targeting the 2503 contract. During the first time period, Qilin quoted a premium of 30 yuan/mt against the 2504 contract, Honglu-V quoted a premium of 20 yuan/mt against the 2504 contract, and Baiyin quoted a premium of 10 yuan/mt against the 2504 contract. During the second time period, traders' quotes remained unchanged from the previous period. In the morning, zinc prices in the futures market rose significantly, leading downstream enterprises to adopt a wait-and-see approach due to high prices. Market traders lowered spot premiums to facilitate sales, but overall spot transactions remained sluggish. If high prices persist, subsequent premiums may show no improvement.

》Subscribe to view SMM historical spot metal prices

데이터 출처 설명: 공개 정보를 제외한 모든 데이터는 SMM이 공개 정보, 시장 커뮤니케이션 및 SMM 내부 데이터베이스 모델을 기반으로 가공한 것입니다. 본 자료는 참고용이며 의사결정 권고를 구성하지 않습니다.

문의 사항이 있거나 자세한 정보를 원하시면 아래로 연락해 주시기 바랍니다: lemonzhao@smm.cn
리서치 보고서 열람 방법에 대한 자세한 내용은 아래로 문의하시기 바랍니다:service.en@smm.cn
Ningbo Zinc: Downstream Hesitates at High Prices, Spot Zinc Transactions Weaken [SMM Midday Review] - Shanghai Metals Market (SMM)