Guangdong Zinc: Average Trading Performance, Spot Discounts Widen [SMM Midday Review]

Published: Aug 13, 2026 11:56

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[Guangdong: Transactions Were Average, Spot Discounts Widened] Guangdong #0 zinc was mainly traded at 25,480-25,670 yuan/mt. Mainstream brands were quoted at discounts of 100-70 yuan/mt against the 2609 contract, and at a discount of 45 yuan/mt against Shanghai spot zinc. The Shanghai-Guangdong price spread narrowed...

SMM, August 13: Guangdong 0# zinc was mainly traded at 25,480~25,670 yuan/mt. Mainstream brands were quoted at discounts of 100~70 yuan/mt against the 2609 contract and at a discount of 45 yuan/mt against Shanghai spot cargo. The Shanghai-Guangdong price spread narrowed. Today, suppliers quoted discounts of 100~70 yuan/mt for Qilin, Mengzi, Danxia, Anning, and Lanzinc; today, refined zinc purchasing sentiment in Guangdong was 1.87 and sales sentiment was 2.5. Zinc prices consolidated at high levels; market trading sentiment was weak; downstream purchasing interest was subdued; and spot premiums lacked support and edged down slightly.

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