Ningbo Zinc: Enterprises' Buying Sentiment Remains Low, Premium Continues to Decline [SMM Midday Review]

SMM April 21 News: The mainstream brand 0# zinc transaction price in the Ningbo market was around 22,520-22,630 yuan/mt. The conventional brand in Ningbo quoted a premium of 170 yuan/mt against the 2505 contract and a premium of 20 yuan/mt against the Shanghai spot cargo. The mainstream in the Ningbo region quoted against the 2505 contract. In the first period, Yongchang quoted a premium of 160 yuan/mt against the 2505 contract, Qilin quoted a premium of 160-180 yuan/mt against the 2505 contract, and Honglu-v quoted a premium of 170-210 yuan/mt against the 2505 contract. In the second period, traders' quotations remained unchanged from the previous period. Zinc ingots delivered to the dock continued to be shipped. Today, spot premiums in the Ningbo market continued to decline, and the futures market fluctuated. Downstream enterprises in Ningbo showed low buying sentiment, and spot transactions were also average today. Follow-up consumption in Ningbo will be closely monitored. 》Order to view SMM metal spot historical prices.