Ningbo Zinc: Kirin Stockpiled Over the Weekend, Ningbo Premium Declines [SMM Midday Review]

SMM April 14 News: The mainstream brand 0# zinc transaction price in the Ningbo market was around 22,920-23,090 yuan/mt. The conventional brand in Ningbo quoted a premium of 300 yuan/mt against the 2505 contract and a premium of 60 yuan/mt against the Shanghai spot price. The mainstream in the Ningbo region quoted against the 2505 contract. In the first period, Yongchang quoted a premium of 280-320 yuan/mt against the 2505 contract, Qilin quoted a premium of 300 yuan/mt against the 2505 contract, and Honglu-v quoted a premium of 290 yuan/mt against the 2505 contract. In the second period, traders' quotations remained unchanged from the previous period. There were still not many traders selling in Ningbo today, but the Qilin zinc ingot was delivered to the Ningbo warehouse over the weekend, supplementing the spot market volume. Coupled with downstream continuous purchasing as needed and inquiries, the spot premium in Ningbo also declined today. 》Order to view SMM metal spot historical prices