Spot premiums in Tianjin slightly decline, and the price spread between Shanghai and Tianjin narrows

Published: Jul 18, 2025 17:43

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[SMM Flash News] Spot premiums in Tianjin declined slightly this week, dropping by about 30 yuan/mt WoW. As of Friday this week, domestic common brands were quoted at a discount of 0-40 yuan/mt against the 2508 contract, while high-priced brands were quoted at a discount of 10 yuan/mt to a premium of 20 yuan/mt against the 2508 contract. Tianjin was quoted at a discount of about 40 yuan/mt against Shanghai, with the price spread between Shanghai and Tianjin narrowing.

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