In Ningbo market, #0 zinc was traded at 21890-22020 yuan/mt. The spot prices of regular brand were quoted with premiums of 150-170 yuan/mt over the 2310 contract, and with discounts of 80 yuan/mt over the prices in the Shanghai market. Mainstream quotes in Ningbo market were generally against the 2310 contract.
In the first trading session, Tiefeng zinc was quoted with premiums of 150-170 yuan/mt over the SHFE 2310 zinc contract. The delivery to factory prices of imported zinc were around 150 yuan/mt. The impact of imported zinc continued to lower the premiums of domestic zinc. In the second trading session, the spot premiums were basically the same as in the first trading session. Overall, the actual transactions were poor.
