Tianjin Zinc: Futures market remains weak, with traders dominating the transactions [SMM Midday Review]

SMM reported on July 15: In the Tianjin market, the mainstream transaction price of #0 zinc ingot was between 22,040 and 22,150 yuan/mt, with Zijin trading between 22,080 and 22,180 yuan/mt. The transaction price of #1 zinc ingot was around 21,940 to 22,040 yuan/mt, while Huludao reported a price of 23,080 yuan/mt. The ordinary #0 zinc ingot was quoted at a discount of 0 to 10 yuan/mt against the 2508 contract, and Zijin was quoted at a premium of 20 to 30 yuan/mt against the 2508 contract. The Tianjin market was quoted at a discount of around 40 yuan/mt compared to the Shanghai market. By the close of the morning session, Xinzi was quoted on par with the 08 contract, while Chihong was quoted at a discount of 0 to 10 yuan/mt against the 2508 contract. High-end brand Zijin was quoted at a premium of 20 to 30 yuan/mt against the 08 contract. Today, the futures market continued to