SMM Flash News: Ningbo Spot Premiums Fluctuate with Weekly Decline

Published: May 23, 2025 15:22

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【SMM Flash News】 This week, spot premiums in Ningbo fluctuated rangebound, with the weekly average price down 60 yuan/mt WoW. As of Friday this week, spot prices against the 2506 contract in Ningbo were quoted at a premium of 265 yuan/mt, and the premium against the SHFE was 70 yuan/mt, with the premium against the SHFE expanding continuously during the week.

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