SMM

Tianjin Zinc: Zinc Prices Remain Stable, Mainly Traded Among Dealers. In the Tianjin market, the mainstream transaction price for #0 zinc ingot ranged from 24,040 to 24,210 yuan/mt, Zijin traded between 24,140 and 24,260 yuan/mt, and #1 zinc ingot traded around 23,960 to 24,050 yuan/mt. Huludao quoted at 27,450 yuan/mt. The premium for #0 zinc ingot against the 2504 contract ranged from a discount of 40 yuan/mt to a premium of 50 yuan/mt, while Zijin quoted a premium of 60 to 100 yuan/mt against the 2504 contract. The Tianjin market reported a discount of around 10 yuan/mt compared to the Shanghai market.