Tianjin Zinc: Zinc Prices Surge, Downstream Cargo Pick-up for Previously Priced Zinc Ingot [SMM Midday Review]
[Tianjin Zinc: Zinc Price Rallying, Downstream Pick Up Goods Against Earlier Fixed-Price Zinc Ingot] Tianjin market saw #0 zinc ingot traded mainly in the range of 25,700~25,880 yuan/mt, Zijin traded at 25,850~25,980 yuan/mt, #1 zinc ingot traded near 25,700~25,820 yuan/mt, Zijin reported a premium of 30~50 yuan/mt against the SGX 2609 contract, Hu zinc reported 27,130 yuan/mt, #0 zinc ingot reported a discount of 50~120 yuan/mt against the SGX 2609 contract, and Tianjin market reported a discount of 50 yuan/mt against Shanghai market.