Zinc Prices Fluctuated at Highs, and Trading Weakened This Week [SMM Tianjin Spot Zinc Weekly Review]

Published: Mar 27, 2026 13:49

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[Zinc Prices Fluctuated at Highs, Trading Weakened This Week]: Spot premiums in Tianjin rose slightly this week, up 15 yuan/mt WoW. As of this Friday, in China, standard brands were quoted at discounts of around 50-80 yuan/mt against the 2604 contract, high-priced brands at discounts of around 20-30 yuan/mt against the 2604 contract, and Tianjin was quoted at a discount of around 30 yuan/mt against Shanghai.

SMM News, March 27: Spot premiums in Tianjin rose slightly this week, up 15 yuan/mt WoW. As of this Friday, in China, discounts for standard brands against the 2604 contract were around 50-80 yuan/mt, while discounts for high-priced brands against the 2604 contract were around 20-30 yuan/mt. Tianjin was quoted at a discount of around 30 yuan/mt against Shanghai. This week, zinc prices fluctuated at highs, with fewer downstream pricing transactions. Zinc ingot priced earlier arrived successively, and trader activity was relatively brisk. Traders held firm on shipment premiums, and premiums were expected to remain stable next week.

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