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Ningbo Zinc: Last Trading Day Before the Holiday, SMM Wishes Everyone Good Luck in the Year of the Snake [SMM Midday Review]
Jan 27, 2025, at 3:53 am
[Ningbo Zinc: Last Trading Day Before the Holiday, SMM Wishes You a Prosperous Year of the Snake] The mainstream brand 0# zinc in the Ningbo market was traded at approximately 23,675-23,885 yuan/mt. Regular brands in Ningbo quoted a premium of 20 yuan/mt against the 2502 contract and a premium of 20 yuan/mt against Shanghai spot. Mainstream brands in Ningbo quoted prices against the 2502 contract...
SMM January 27 News: The transaction prices of mainstream 0# zinc brands in the Ningbo market were around 23,500-23,600 yuan/mt. Conventional brands had a premium of 15 yuan/mt against the 2402 contract and a premium of 20 yuan/mt against Shanghai spot. Mainstream quotations in the Ningbo region were based on the 2402 contract. Today was the last trading day before the holiday, with both downstream buyers and traders already on holiday, and no market offers were observed.