Zinc Prices Pull Back Mid-Week, Downstream Buy on Dips [SMM Tianjin Spot Zinc Weekly Review]

Published: Aug 21, 2026 13:38

Save

[Zinc Prices Pull Back in Mid-Week; Downstream Buy on Dips]: This week, spot premiums in Tianjin edged up, up 10 yuan/mt WoW. As of this Friday, China's regular brands quoted discounts of 30-150 yuan/mt against the 2609 contract, high-grade brands quoted premiums of 40-50 yuan/mt against the 2609 contract, and the Tianjin market quoted a discount of 65 yuan/mt against the Shanghai market.

SMM August 21 news: This week, spot premiums in Tianjin edged up, rising by 10 yuan/mt WoW. As of Friday, domestic regular brands reported a discount of 30-150 yuan/mt against the 2609 contract, while premium brands reported a premium of 40-50 yuan/mt against the 2609 contract. Tianjin market reported a discount of around 65 yuan/mt against Shanghai market. Zinc prices pulled back slightly mid-week, with some downstream buyers making limited point-based purchases or mainly relying on future point-based pricing. With the export window open, traders were active in trading, and shipment premiums edged up slightly. However, consumption in Tianjin remained sluggish, and spot premiums are expected to remain largely stable next week.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

32 mins ago

China sulphuric acid market weakness persists, price center continues to decline [SMM Sulphuric Acid Weekly Review]

The China sulphuric acid market remains weak, with the price center continuing to decline [SMM Sulphuric Acid Weekly Review]

32 mins ago

44 mins ago

Operating rates of galvanising producers consolidate [SMM Galvanizing Weekly Review]

[Operating Rates of Galvanising Producers Consolidate]: This week, the operating rate of galvanising producers was 53.26%, an increase of 0.64 percentage points WoW. Raw material side, zinc prices pulled back slightly this week, some galvanising enterprises made purchases at lows, but as zinc ingots had not arrived at the plant yet, the current raw material inventory overall was still at a relatively low level.

44 mins ago

58 mins ago

[SMM Analysis] Canada Sulphur and Sulphuric Acid Import and Export Data for June

In June 2026, Canada's total monthly sulphur exports were 527,305 mt, down 15.43% MoM and 8.62% YoY, with major export destinations being Indonesia (198,612 mt), the US (158,031 mt), Chile (54,672 mt), Guinea (41,272 mt), and China (32,730 mt), among others; Canada's total monthly sulphur imports were 1,035 mt, down 20.08% MoM and up 3.19% YoY, with major importing countries being the US (912 mt) and China (105 mt), among others;

58 mins ago