Tianjin Zinc: Overall trading was poor, and the premium continued to decline [SMM Midday Review]

SMM, June 9: In the Tianjin market, mainstream transactions for #0 zinc ingot were concluded at RMB 22,390-22,630 yuan/mt, with Zijin transactions at RMB 22,500-22,680 yuan/mt, and #1 zinc ingot transactions at around RMB 22,050-22,220 yuan/mt. Huludao was quoted at RMB 25,950 yuan/mt. The premium for ordinary #0 zinc against the 2507 contract was reported at around RMB 220-300 yuan/mt, while the premium for Zijin against the 2507 contract was reported at a premium of around RMB 330-350 yuan/mt. Tianjin was quoted at a discount of around RMB 60 yuan/mt against Shanghai. By the close of the morning session, Hongye was quoted at a premium of around RMB 260-290 yuan/mt against the 07 contract, Chihong was quoted at RMB 220-250 yuan/mt against the 2507 contract, and the premium for the high-end brand Zijin against the 07 contract was reported at around RMB 330-350 yuan/mt. Today, the futures market