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Ningbo Zinc: Traders Offer Prices Indifferently, Downstream Purchase Willingness Remains Low [SMM Midday Review]

iconApr 25, 2025 12:00
Source:SMM
【Ningbo Zinc: Traders Offer Prices Indifferently, Downstream Purchase Willingness Low】The transaction price of mainstream brand 0# zinc in the Ningbo market was around 23,175-23,275 yuan/mt. The conventional brand in Ningbo was quoted at a premium of 175 yuan/mt against the 2505 contract, on par with the Shanghai spot cargo. The mainstream in the Ningbo region quoted against the 2505 contract...
SMM April 25 News: The mainstream brand 0# zinc transaction price in the Ningbo market was around 23,175-23,275 yuan/mt. The conventional brands in Ningbo quoted a premium of 175 yuan/mt against the 2505 contract, on par with the Shanghai spot price, and the mainstream in Ningbo quoted against the 2505 contract. In the first period, Yongchang quoted a premium of 180-200 yuan/mt against the 2505 contract, Honglu-v quoted a premium of 180 yuan/mt against the 2505 contract, and Huize quoted a premium of 250 yuan/mt against the 2505 contract. In the second period, traders' quotations remained unchanged from the previous period. Today, traders in the Ningbo market were indifferent to selling, and spot premiums maintained a fluctuating trend. However, some downstream imported zinc ingots purchased earlier have recently arrived, with a certain inventory of raw materials, and the futures market rose. Today's inquiries and purchases were average. 》Order to view SMM metal spot historical prices

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