[Tianjin Zinc: Futures Pull Back, Traders Dominate Trading] In the Tianjin market, mainstream transactions for #0 zinc ingot were concluded at RMB 21,950-22,170 yuan/mt, with Zijin transactions at RMB 22,030-22,210 yuan/mt. Transactions for #1 zinc ingot were around RMB 21,710-21,880 yuan/mt, while Huludao reported prices at RMB 25,350 yuan/mt. Regular #0 zinc ingot was quoted at a premium of RMB 120-180 yuan/mt against the 2507 contract, with Zijin quoted at a premium of RMB 200-220 yuan/mt against the 2507 contract. Tianjin prices were quoted at a premium of around RMB 10 yuan/mt compared to Shanghai prices.

[Guangdong Zinc: Spot Premiums Drop Significantly Amid Weak Demand] Mainstream transactions of 0# zinc in Guangdong ranged from 21,895 to 22,115 yuan/mt. Mainstream brands were quoted at a premium of 305 yuan/mt against the 2508 contract, and at a discount of 20 yuan/mt against Shanghai spot cargo. The Shanghai-Guangdong price spread widened...

[Ningbo Zinc: Downstream Purchases and Restocking, Moderate Transaction Performance] The transaction prices of mainstream 0# zinc brands in the Ningbo market ranged from approximately 21,990 to 22,155 yuan/mt. Conventional zinc brands in Ningbo were quoted at a premium of 160 yuan/mt against the 2507 contract, and at a premium of 20 yuan/mt against Shanghai spot cargo. Mainstream quotes in the Ningbo region were against the 2507 contract...

[Shanghai Zinc: Enterprises Purchase as Needed, No Significant Improvement in Transactions]: Today, mainstream transaction prices for 0# zinc were concentrated in the range of 21,970-22,145 yuan/mt, with Shuangyan zinc trading at 22,130-22,295 yuan/mt, and mainstream transaction prices for 1# zinc at 21,900-22,075 yuan/mt. In the morning session, the market offered a premium of -10~0 yuan/mt against the average price, with no quotes against the LME zinc contract...

Overnight, LME copper opened at $9,668/mt, hitting a high of $9,694.5/mt at the beginning of the session before fluctuating downward throughout the session, touching a low of $9,648/mt near the close, and eventually closing at $9,650.5/mt, down 0.2%.

[SMM Zinc Morning Comment] Overnight, LME zinc opened at $2,636.5/mt. Early in the session, LME zinc quickly rose to a high of $2,660/mt. Subsequently, the price center of LME zinc fluctuated around $2,655/mt. During European trading hours, LME zinc dived below the daily average line to a low of $2,631/mt. Then, the price center of LME zinc fluctuated around $2,637/mt, eventually closing up at $2,643.5/mt, up $7/mt or 0.27%. Trading volume decreased to 89,509 lots, while open interest fell by 3,356 lots to 208,000 lots...

[SMM Morning Meeting Summary: US Fed Maintains Status Quo, LME Zinc Fluctuates Considerably] Overnight, LME zinc opened at $2,636.5/mt, and quickly rose to a high of $2,660/mt in early trading...

[Macro Sentiment Improves, SHFE Zinc Price Center Moves Higher]: The most-traded SHFE zinc 2508 contract opened at 21,660 yuan/mt. At the beginning of the session, bears reduced their positions, and SHFE zinc rapidly surged to an intraday high of 21,885 yuan/mt. It then consolidated near 21,845 yuan/mt, eventually closing up at 21,810 yuan/mt, up 135 yuan/mt or 0.62%. Trading volume decreased to 82,237 lots, while open interest fell by 6,441 lots to 97,600 lots.

[Guangdong Zinc: Zinc Prices Rise, Spot Premiums Decline] Mainstream transactions of 0# zinc in Guangdong ranged from 21,995 to 22,280 yuan/mt. Mainstream brands were quoted at a spot premium of 375 yuan/mt against the 2508 contract, and at a spot discount of 10 yuan/mt against Shanghai spot cargo. The Shanghai-Guangdong price spread remained...

[Tianjin Zinc: Futures Market Rebounds, Sluggish Market Transactions] In the Tianjin market, mainstream transactions for #0 zinc ingot were concluded at 22,010-22,350 yuan/mt, with Zijin transactions at 22,030-22,180 yuan/mt. Transactions for #1 zinc ingot were around 21,760-22,020 yuan/mt, while Huludao reported prices at 25,560 yuan/mt. The premium for ordinary #0 zinc against the 2507 contract was around 130-220 yuan/mt, and the premium for Zijin against the 2507 contract was around 240-270 yuan/mt. Tianjin market prices were reported to be approximately 10 yuan/mt higher than those in the Shanghai market.