Tianjin Zinc: Futures Pull Back, Premiums Stable [SMM Midday Commentary]
[Tianjin Zinc: Futures Pull Back, Premiums Hold Steady] In the Tianjin market, #0 zinc ingot was mainly traded at 25,360-25,680 yuan/mt, Zijin was traded at 25,470-25,790 yuan/mt, and #1 zinc ingot was traded near 25,240-25,500 yuan/mt. Zijin was quoted at a premium of 110-180 yuan/mt against the 2611 contract, Huxin was quoted at 27,055 yuan/mt, and #0 zinc ingot was quoted at a premium of 0-70 yuan/mt against the 2611 contract. The Tianjin market was quoted at a discount of 35 yuan/mt against the Shanghai market.