Tianjin Zinc: Futures Rally, Market Transactions Remain Light [SMM Midday Comment]
[Tianjin Zinc: Futures Surge, Market Transactions Light] The mainstream transaction price for #0 zinc ingot in the Tianjin market was 24,570-24,820 yuan/mt, Zijin traded at 24,700-24,910 yuan/mt, #1 zinc ingot traded at around 24,570-24,770 yuan/mt, Zijin was quoted at a premium of 10-30 yuan/mt against the 2608 contract, Huxin was quoted at 26,090 yuan/mt, #0 zinc ingot was quoted at a discount of 60-120 yuan/mt against the 2608 contract, and the Tianjin market was quoted at a discount of about 90 yuan/mt against the Shanghai market