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

Published: Jun 12, 2026 15:19

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[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.

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