[Tianjin Zinc: Market Enters Holiday Phase, Few Quotations]: The mainstream transaction price of 0# zinc ingot in the Tianjin market was 23,660-23,860 yuan/mt, Zijin traded at 23,810-24,060 yuan/mt, and 1# zinc ingot traded around 23,510-23,750 yuan/mt. Huludao was quoted at 27,040 yuan/mt. 0# ordinary zinc was on par with the 2502 contract, while Zijin was quoted at a premium of 150-200 yuan/mt against the 2502 contract. The Tianjin market was on par with the Shanghai market...
SMM January 24 News: In the Tianjin market, mainstream transactions of 0# zinc ingot were at 23,660-23,860 yuan/mt, Zijin transactions were at 23,810-24,060 yuan/mt, and 1# zinc ingot transactions were around 23,510-23,750 yuan/mt. Huludao was quoted at 27,040 yuan/mt. Ordinary 0# zinc was on par with the 2502 contract, while Zijin was quoted at a premium of 150-200 yuan/mt over the 2502 contract. The Tianjin market was on par with the Shanghai market. By the midday close, there were no quotes for New Zijin, Chihong 1#, Xikuang, or Baiyin against the 02 contract. High-end brand Zijin was quoted at a premium of 150-200 yuan/mt over the 02 contract. The Tianjin spot-futures price spread was 0 yuan/mt. The futures market maintained a fluctuating trend today, with the market essentially entering the Chinese New Year break. A small number of traders restocked before the holiday, but spot cargoes were limited, and there were virtually no transactions.
