SMM

[Tianjin Zinc: Downstream Remains Cautious, Overall Transactions Average]: The mainstream transaction prices of 0# zinc ingot in the Tianjin market were 23,990-24,210 yuan/mt, Zijin traded at 24,020-24,220 yuan/mt, and 1# zinc ingot traded around 23,910-24,100 yuan/mt. Huludao was quoted at 27,430 yuan/mt. The ordinary 0# zinc was quoted at a discount of 0-40 yuan/mt against the 2503 contract, while Zijin was quoted at a discount of 10 yuan/mt to a premium of 10 yuan/mt against the 2503 contract. The Tianjin market was at a discount of around 20 yuan/mt compared to the Shanghai market...