During the delivery period this week, Shanghai premiums continued to decline, down 5 yuan/mt WoW from the weekly average price. As of Friday, the premium for ordinary domestic brands against the 2505 contract was 170 yuan/mt, while the premium for the high-end brand Shuangyan against the 2505 contract was 240 yuan/mt.
The low-priced delivered zinc ingots impacted the Ningbo market, with spot premiums declining throughout the week. This week, spot premiums in Ningbo decreased, down 35 yuan/mt WoW. As of Friday, spot prices against the 2505 contract in Ningbo were at a premium of 180 yuan/mt, with a premium of around 10 yuan/mt against the SHFE contract.
【SMM Analysis】Overseas Lithium News from April 14 to April 18
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Premiums and Discounts for Aluminum Ingots by Region on April 18, 2025
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