Ningbo Zinc: Premiums Remain Stable, Downstream Purchases as Needed [SMM Midday Review]

SMM March 26 News: The mainstream brand #0 zinc ingot transaction price in the Ningbo market was around 24,150-24,270 yuan/mt. The conventional brand in Ningbo quoted a premium of 30 yuan/mt against the 2504 contract and a premium of 40 yuan/mt against the Shanghai spot cargo. The mainstream in the Ningbo region quoted against the 2504 contract. In the first period, Qilin quoted a premium of 30-60 yuan/mt against the 2504 contract, and Honglu-v quoted a premium of 20 yuan/mt against the 2504 contract. In the second period, traders' quotations remained unchanged from the previous period. Qilin zinc ingots were gradually being warehoused, and there were slight differences in quotations among traders. However, downstream enterprises maintained purchasing as needed, and their purchasing performance was not active. Overall transactions did not show significant improvement, and premiums remained stable. 》Order to view SMM metal spot historical prices