SMM, August 13:
In Ningbo, mainstream brand 0# zinc transaction prices were around 25,575-25,770 yuan/mt. Regular brands in Ningbo quoted a premium of 0 yuan/mt against the 2609 contract and a premium of 50 yuan/mt against Shanghai spot cargo. Mainstream brands in Ningbo mainly quoted against the 2609 contract. In the first session, Yongchang quoted a premium of 10-20 yuan/mt against the 2609 contract; Qilin quoted a delivered premium of 30 yuan/mt against the 2609 contract; Anning quoted a premium of 0-20 yuan/mt against the 2609 contract; Honglu-v (99.998) quoted a premium of 60 yuan/mt against the 2609 contract. In the second session, traders' quotes were unchanged from the previous session. After the typhoon, vessels arrived in Ningbo one after another. Market supply was ample overall, but downstream enterprises remained mostly on the sidelines. Spot transactions were mostly on an as-needed basis. Market shipments were sluggish overall, and some traders lowered spot premiums to facilitate shipments.

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