Tianjin Zinc: Downstream Mostly Adopts a Wait-and-See Attitude, Overall Transactions Are Average [SMM Midday Review]

[Tianjin Zinc: Downstream Mostly Observing, Overall Transactions Average]: The mainstream transaction price of #0 zinc ingot in the Tianjin market was 23,870-24,070 yuan/mt, Zijin traded at 23,900-24,080 yuan/mt, and #1 zinc ingot traded around 23,790-23,960 yuan/mt. Huludao was quoted at 27,310 yuan/mt. Ordinary #0 zinc ingot 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 10 yuan/mt compared to the Shanghai market...