Weekly Transactions Improved, Premiums Rose [SMM Tianjin Spot Zinc Weekly Review]

Published: Jun 12, 2026 15:19

Save

[Transactions Improved Within the Week, Premiums Rose]: Spot premiums in Tianjin rose this week, up 20 yuan/mt WoW. As of this Friday, mainstream domestic brands were quoted at discounts of 30-80 yuan/mt against the 2607 contract, higher-priced brands at discounts of 20-30 yuan/mt against the same contract, and Tianjin market at a discount of about 50 yuan/mt against Shanghai.

SMM June 12 news: Spot premiums in Tianjin rose this week, up 20 yuan/mt WoW. As of this Friday, ordinary Chinese brands were quoted at discounts of around 30-80 yuan/mt against the 2607 contract, high-grade brands at discounts of around 20-30 yuan/mt against the 2607 contract, and the Tianjin market was at a discount of around 50 yuan/mt against Shanghai. During the week, zinc prices pulled back to levels more acceptable to downstream consumers, prompting heavy point-price restocking and active transactions. Tianjin saw slight destocking. Traders with strong shipments accordingly raised their spot premiums. Spot premiums are expected to continue to rise next week.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

43 mins ago

Data: SHFE, DCE market movement (Jun 12)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 12 Jun , 2026

43 mins ago

1 hour ago

Geopolitical Risks Dominate Market, SHFE and LME Both Decline [SMM Market Review - Zinc Weekly Review]

[Geopolitical Risks Dominate Market, SHFE and LME Both Move Lower] At the start of the week, the situation in the Middle East remained volatile, and LME zinc fluctuated; subsequently, the US dollar index declined, and LME zinc rose; however, as market expectations for the US Fed to maintain higher interest rates for longer intensified and the US struck Iran, the center of LME zinc shifted lower; then, Trump announced the resumption of “heavy strikes” against Iran, the US-Iran ceasefire agreement was disrupted, and LME zinc quickly moved lower...

1 hour ago

Some enterprises began maintenance, zinc oxide operation rates declined [SMM Zinc Oxide Weekly Review]

[Some Enterprises Start Maintenance, Zinc Oxide Operating Rate Declines] End-use demand, currently no obvious highlights in the end-use demand for zinc oxide, and overall demand for electronic-grade zinc oxide orders is relatively stable; however, orders for rubber-grade and feed-grade zinc oxide are affected by rising raw material prices for end-use products and mediocre market demand, resulting in mediocre market demand...

1 hour ago