SMM Flash News: Ningbo Spot Premiums Decline Continuously, Weekly Average Drops by 25 Yuan/mt

Published: Jul 11, 2025 15:46

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【SMM Flash News】This week, spot premiums in Ningbo have been declining continuously, with the weekly average price decreasing by 25 yuan/mt WoW. As of Friday this week, spot premiums against the 2508 contract in Ningbo stood at 50 yuan/mt, with a premium of 10 yuan/mt against the SHFE. The premium against the SHFE maintained a fluctuating trend within 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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