Tianjin Spot Premiums Decline by 25 Yuan/mt WoW

Published: Apr 25, 2025 16:51

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Spot premiums in Tianjin pulled back this week, down around 25 yuan/mt WoW. As of this Friday, domestic standard brands were quoted at premiums of 230-360 yuan/mt against the 2505 contract, while premium brands were quoted at premiums of 330-380 yuan/mt against the 2505 contract. The premium in Tianjin against Shanghai was around 80 yuan/mt, and the price spread between Shanghai and Tianjin narrowed.

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