Ningbo Spot Premiums Experience Volatility, Narrowing Against SHFE

Published: Jul 4, 2025 14:52

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【SMM Flash News】This week, spot premiums in Ningbo first fell and then rose, decreasing by 50 yuan/mt WoW from the weekly average price. As of Friday this week, spot premiums against the 2508 contract in Ningbo were 100 yuan/mt, with a premium of 10 yuan/mt against the SHFE. The premium against the SHFE narrowed during the week.

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.

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