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Home / Metal News / Ningbo zinc: Downstream firms purchased zinc based on rigid demand, and the premium was basically stable [SMM midday review]

Ningbo zinc: Downstream firms purchased zinc based on rigid demand, and the premium was basically stable [SMM midday review]

iconJul 4, 2025 11:40
Source:SMM
[Ningbo Zinc: Downstream Demand Purchases, Premium Basically Stable] The transaction price of mainstream brand 0# zinc in the Ningbo market was around 22,385-22,480 yuan/mt. The premium for mainstream brands in Ningbo against the 2508 contract was 100 yuan/mt, and the premium against Shanghai spot cargo was 10 yuan/mt. Mainstream quotes in the Ningbo region were made against the 2508 contract...

SMM July 4 News:

The transaction price of mainstream 0# zinc brands in Ningbo market ranged around 22,385-22,480 yuan/mt. Conventional brands in Ningbo quoted a premium of 100 yuan/mt against the 2508 contract and 10 yuan/mt against Shanghai spot cargo. Mainstream brands in Ningbo mainly quoted against the 2508 contract. In the first period, Yongchang quoted a premium of 100 yuan/mt against the 2508 contract, Anning quoted 60 yuan/mt, and Huize zinc ingot quoted 200 yuan/mt. In the second period, traders' quotations remained unchanged from the previous period. Today, Ningbo traders' quotations were basically stable, while the futures market maintained a fluctuating trend. Downstream demand remained weak with mediocre raw material demand, and spot transactions showed mediocre performance.

  

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