Tianjin Zinc: Downstream Restocking Dominates, Premiums Slightly Decline [SMM Midday Review]

[Tianjin Zinc: Downstream Restocking Mainly on Rigid Demand, Premiums Slightly Declined]: The mainstream transaction price of 0# zinc ingot in the Tianjin market was 23,720-23,920 yuan/mt, Zijin traded at 23,790-23,920 yuan/mt, and 1# zinc ingot traded around 23,590-23,720 yuan/mt. Huludao was quoted at 27,110 yuan/mt. The ordinary 0# zinc was quoted at a premium of 10-90 yuan/mt against the 2503 contract, while Zijin was quoted at a premium of 80-130 yuan/mt against the 2503 contract. The Tianjin market showed a discount of around 10 yuan/mt compared to the Shanghai market...