The local prices are expected to be released soon, stay tuned!
Got it
+86 021 5155-0306
Language:  

Ningbo Zinc: Few Inquiries and Purchases from Downstream, Trading Sluggish [SMM Midday Review]

  • Apr 30, 2025, at 11:56 am
[Ningbo Zinc: Minimal Inquiries and Purchases from Downstream, Sluggish Trading] The transaction prices of mainstream 0# zinc brands in the Ningbo market ranged around 22,880-23,005 yuan/mt. Conventional brands in Ningbo were quoted at a premium of 180 yuan/mt against the 2505 contract, and at a premium of 20 yuan/mt against Shanghai spot cargo. Mainstream quotes in the Ningbo region were made against the 2505 contract...

SMM, April 30: The transaction prices of mainstream brand 0# zinc in the Ningbo market were around 22,880-23,005 yuan/mt. Conventional brands in Ningbo were quoted at a premium of 180 yuan/mt against the 2505 contract and at a premium of 20 yuan/mt against Shanghai spot cargo. Mainstream players in Ningbo were quoting against the 2505 contract. In the first session, Yongchang quoted a premium of 180 yuan/mt against the 2505 contract. In the second session, traders' quotes remained unchanged from the previous session. As the Labour Day holiday approached, many traders in the market were on holiday, and spot quotes were scarce. Overall premiums remained high. Downstream companies had largely completed their pre-holiday inventory restocking, and there were almost no inquiries or purchases today. Trading activity in the market was sluggish.

  

》Subscribe to view historical SMM metal spot prices

 

  • Selected News
  • Zinc
Live chat via WhatsApp
Help us know your opinions in 1minutes.