Tianjin Zinc: Zinc Prices Pull Back Sharply, Downstream Slight Price Fixing [SMM Midday Commentary]
[Tianjin Zinc: Zinc Prices Pull Back Sharply, Downstream Buyers Make Limited Price Fixings] In the Tianjin market, #0 zinc ingot was mainly traded at 25,100-25,360 yuan/mt, Zijin at 25,270-25,450 yuan/mt, and #1 zinc ingot near 25,100-25,290 yuan/mt. Zijin was at a premium of 50 yuan/mt against the 2609 contract, Huzinc was quoted at 26,495 yuan/mt, and #0 zinc ingot was at a discount of 40-120 yuan/mt against the 2609 contract. Tianjin market was at a discount of 55 yuan/mt against Shanghai market.