SMM February 13 News: The mainstream transaction price of 0# zinc in the Ningbo market was around 23,765-23,955 yuan/mt. Regular brands in Ningbo quoted a premium of 30 yuan/mt against the 2503 contract and a premium of 30 yuan/mt against the Shanghai spot price. Mainstream quotations in Ningbo were based on the 2503 contract. During the first time period, Qilin quoted a premium of 40 yuan/mt against the 2503 contract, while Honglu-v quoted a premium of 30 yuan/mt against the 2503 contract. During the second time period, traders' quotations remained unchanged from the previous period. After the holiday, zinc alloy plants gradually resumed production, but zinc prices remained high in the morning. Some zinc alloy plants had certain raw material inventories from previous purchases, leading to low purchase willingness for zinc ingots today. Overall, spot transactions remained sluggish.
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