Downstream Purchasing as Needed, Ningbo Premium Declines [SMM Ningbo Spot Weekly Review]

feb 21, 2025, at 1:52 pm

[Downstream Purchasing as Needed, Ningbo Premiums Decline]: This week, Ningbo spot premiums continued to decline, down 50 yuan/mt WoW from the weekly average price. As of this Friday, Ningbo spot prices against the 2503 contract were quoted at a discount of 10 yuan/mt, with a premium of around 10 yuan/mt against the SHFE.

ARTÍCULO ANTERIOR
hace 10 meses
SMM Shanghai and Other 1# Lead Markets: SHFE Lead Fluctuates Upward, Spot Cargoes Generally Traded at Large Discounts [SMM Midday Review]
SIGUIENTE ARTICULO
hace 10 meses
LME Copper Structure Turns Backwardation Again During the Week, SHFE/LME Price Ratio Deteriorates Rapidly, Export Window Opens [SMM Yangshan Copper Weekly Review]

Downstream Purchasing as Needed, Ningbo Premium Declines [SMM Ningbo Spot Weekly Review]

SMM Shanghai and Other 1# Lead Markets: SHFE Lead Fluctuates Upward, Spot Cargoes Generally Traded at Large Discounts [SMM Midday Review]

LME Copper Structure Turns Backwardation Again During the Week, SHFE/LME Price Ratio Deteriorates Rapidly, Export Window Opens [SMM Yangshan Copper Weekly Review]