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According to SMM statistics, in terms of domestic aluminum billet inventory in two regions, the inventory of aluminum billet in Guangdong was 80,100 mt, and the inventory of aluminum billet in Wuxi was 18,700 mt, totaling 98,800 mt, down 4,200 mt MoM. Today, aluminum prices operated steadily, with processing fees continuing to stand firm on quotes and being released slowly in the morning session. However, as the weekend approached, some suppliers lowered their quotes to realize cash, leading to an increase in the circulation of lower-priced goods. Downstream demand was moderate, and overall transactions were average. Today, the quotes for aluminum billet processing fees in Foshan market were 430/480 yuan/mt, unchanged; the quotes in Wuxi market were 480/560 yuan/mt, up 30 yuan/mt; and the quotes in Nanchang region were 500/550 yuan/mt, unchanged. (Unit: yuan/mt)
[Shanghai Zinc: Arrival of Domestic Long-Term Contracts, Shanghai Premium Pulls Back]: Today, mainstream transaction prices for 0# zinc were concentrated in the range of 22,825-22,955 yuan/mt, with Shuangyan zinc trading at 22,895-23,005 yuan/mt, and mainstream transaction prices for 1# zinc at 22,755-22,885 yuan/mt. In the morning session, the premium against the average price was quoted at 100-140 yuan/mt, with almost no quotes against the futures price...
[Ningbo Zinc: Continuous Pre-sales of Imports, Poor Domestic Zinc Transactions in Ningbo] The transaction price of mainstream 0# zinc brands in the Ningbo market was around 22,805-22,915 yuan/mt. The mainstream brands in Ningbo were quoted at a premium of 550 yuan/mt against the 2506 contract and at a premium of 70 yuan/mt against Shanghai spot cargo. Mainstream quotes in the Ningbo region were made against the 2506 contract...
