Ningbo Zinc: Traders Offer Shipments in a Laid-Back Manner, Spot Transactions Show No Improvement [SMM Midday Comment]
[Ningbo Zinc: Traders Sell with Laid-Back Attitude, Spot Transactions Show No Improvement] The mainstream #0 zinc transaction price in the Ningbo market was around 24,720–24,820 yuan/mt. Conventional brands in Ningbo were quoted at a discount of 15 yuan/mt against the 2609 contract and at a premium of 20 yuan/mt against spot cargo in Shanghai. Ningbo has started quoting against the 2609 contract…
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