SMM March 11 News: The transaction prices of mainstream 0# zinc ingots in the Ningbo market were around 24,140-24,255 yuan/mt. Conventional brands in Ningbo quoted a premium of 15 yuan/mt against the 2504 contract and a premium of 20 yuan/mt against Shanghai spot. Mainstream brands in Ningbo primarily quoted against the 2504 contract. During the first time period, Qilin quoted a delivered premium of 70 yuan/mt against the 2504 contract, Honglu-V quoted a premium of 20 yuan/mt against the 2504 contract, and Huize quoted a premium of 70 yuan/mt against the 2504 contract. During the second time period, traders' quotes remained unchanged from the previous period. Zinc ingots continued to arrive in the Ningbo market, with many traders offering goods. However, downstream purchasing performance was poor. Today, spot premiums in Ningbo remained basically stable, traders adopted a passive selling approach, and transactions showed no improvement..
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