Ningbo Zinc: Market Traders' Quotations Rise, Downstream Enterprises Purchase as Needed [SMM Midday Review]

Published: Jul 17, 2026 11:57

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[Ningbo Zinc: Trader Offers Rise, Downstream Enterprises Purchase as Needed] The transaction price of mainstream brand 0# zinc in the Ningbo market was around 24,580-24,760 yuan/mt. The Ningbo regular brand was quoted at a premium of 10 yuan/mt against the 2608 contract and 20 yuan/mt against Shanghai spot zinc. Mainstream quotes in Ningbo were against the 2608 contract.

SMM July 17 News:

The mainstream 0# zinc brand transaction price in the Ningbo market was around 24,580-24,760 yuan/mt. The conventional brand in Ningbo was quoted at a premium of 10 yuan/mt against the 2608 contract, and a premium of 20 yuan/mt against the Shanghai spot price. The Ningbo area primarily made quotes against the 2608 contract. In the first session, Anning was quoted at a premium of 10-40 yuan/mt against the 2608 contract, and Honglu-v (99.998) was quoted at a premium of 70 yuan/mt against the 2608 contract. In the second session, trader quotes remained flat compared to the previous session. Overall, quotes in the Ningbo market were rather chaotic today, with some traders holding prices firm, significantly raising spot premium quotes. However, downstream enterprise orders were poor, and purchase inquiries remained average, with overall transactions largely on an as-needed basis.

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