Ningbo Zinc: Numerous Traders Shipping Goods, Premium Slightly Adjusted [SMM Midday Review]

Published: Apr 15, 2025 11:47

Save

Ningbo Zinc: Many Traders Selling, Premium Slightly Lowered. The transaction price of mainstream brand 0# zinc in the Ningbo market was around 22,810-22,930 yuan/mt. The premium of conventional brands in Ningbo against the 2505 contract was 250 yuan/mt, and the premium against Shanghai spot cargo was 30 yuan/mt. Mainstream brands in the Ningbo area were quoting against the 2505 contract...

SMM reported on April 15: The mainstream brand 0# zinc transaction price in the Ningbo market was around 22,810-22,930 yuan/mt. The conventional brands in Ningbo quoted a premium of 250 yuan/mt against the 2505 contract and a premium of 30 yuan/mt against the Shanghai spot price. The mainstream in the Ningbo area quoted against the 2505 contract. In the first period, Yongchang quoted a premium of 250-280 yuan/mt against the 2505 contract, Qilin quoted a premium of 250-280 yuan/mt against the 2505 contract, Baiyin quoted a premium of 250 yuan/mt against the 2505 contract, and Honglu-v quoted a premium of 280 yuan/mt against the 2505 contract. In the second period, traders' quotations remained unchanged from the previous period. Zinc ingot long-term contracts arrived successively, and many traders in Ningbo shipped today. Some factory-delivered zinc ingots impacted domestic warehouse transactions at low prices. Today, the spot premiums in Ningbo declined, downstream enterprises made just-in-time procurement, and overall spot transactions showed no improvement. 》Order to view SMM metal spot historical prices.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

50 mins ago

August zinc oxide import and export analysis: Exports shine, Vietnam remains the core export destination [SMM Analysis]

[August zinc oxide import and export analysis: Exports shine, Vietnam remains core export destination] According to the latest customs data, China's zinc oxide imports in August were 399.73 mt, up 70.73% MoM and up 2.53% YoY. Cumulative imports from January to August were 3,895.56 mt, up 4.31% YoY. China's zinc oxide exports in August were 1,982.38 mt, up 30.06% MoM and up 60.20% YoY. Cumulative exports from January to August were 14,250.04 mt, up 52.09% YoY.

50 mins ago

56 mins ago

Guangdong zinc: Downstream purchases cautious, spot market activity pulls back [SMM midday comment]

[Guangdong: Downstream Purchases Cautious, Spot Market Activity Pulls Back] Guangdong 0# zinc mainly traded at 26,710-26,840 yuan/mt, mainstream brands quoted at a discount of 45-5 yuan/mt against the 2611 contract, a premium of 15 yuan/mt against Shanghai spot, with the Shanghai-Guangdong price spread widening...

56 mins ago

2 hours ago

Tianjin Zinc: Zinc prices surge, fewer downstream inquiries [SMM Midday Commentary]

[Tianjin Zinc: Zinc Prices Surge, Downstream Inquiries Limited] In the Tianjin market, #0 zinc ingot was mainly traded at 26,590-26,820 yuan/mt, Zijin was traded at 26,710-26,970 yuan/mt, #1 zinc ingot was traded near 26,560-26,730 yuan/mt, Zijin was quoted at a premium of 30-130 yuan/mt against the 2610 contract, Huxin was quoted at 28,365 yuan/mt, #0 zinc ingot was quoted at a discount of 20-90 yuan/mt against the 2610 contract, and the Tianjin market was quoted at a discount of 65 yuan/mt against the Shanghai market.

2 hours ago