Ningbo Zinc: Last Trading Day Before Labour Day Holiday, Strong Holiday Atmosphere in the Market [SMM Midday Review]

Published: Apr 30, 2026 13:18

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[Ningbo Zinc: Last Trading Day before Labour Day Holiday, Strong Holiday Atmosphere in the Market] Mainstream brand 0# zinc in the Ningbo market traded at around 23,565-23,660 yuan/mt. Regular Ningbo brands were quoted at a discount of 20 yuan/mt against the 2606 contract and a premium of 20 yuan/mt against Shanghai spot cargo. The Ningbo region began quoting against the 2606 contract...

SMM April 30 update:

The mainstream brand 0# zinc transaction price in Ningbo market was around 23,565-23,660 yuan/mt. Regular brands in Ningbo were quoted at a discount of 20 yuan/mt against the 2606 contract, and at a premium of 20 yuan/mt against Shanghai spot cargo. The Ningbo region began quoting against the 2606 contract. Today was the last trading day before the Labour Day holiday. There were almost no traders making shipments in the market. Downstream alloy plants also successively planned to go on holiday. Earlier raw material stocking had been completed, and there was almost no inquiry or purchase today. The holiday atmosphere in the market was strong.

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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