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Freight rates rise, premiums follow suit [SMM Tianjin Zinc Spot Weekly Review]
[Higher freight costs drive premiums up]: Spot premiums in Tianjin rose significantly this week, up 25 yuan/mt WoW. As of Friday this week, mainstream domestic brands were quoted at a discount of 0-90 yuan/mt against the 2610 contract, while premium brands were quoted at a premium of around 100 yuan/mt against the 2609 contract. Tianjin was quoted at a discount of around 55 yuan/mt against Shanghai.
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