Market Transactions Average, Spot Premiums Edge Down [SMM Guangdong Spot Weekly Review]

Published: Aug 14, 2026 14:33

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[Market Transactions Average, Spot Premiums Edge Down] Guangdong premiums fell by 5 yuan/mt WoW this week. As of Friday, mainstream 0# zinc in Guangdong was quoted at a discount of 115-70 yuan/mt against the market...

Spot premiums in Guangdong fell 5 yuan/mt WoW this week. As of this Friday, mainstream 0# zinc in Guangdong was quoted at a discount of 115-70 yuan/mt against market offers. Zinc prices stayed high during the week. Downstream buying interest was limited, and there was low-price selling in the market. Spot premiums were under pressure and weakened slightly. Looking ahead to next week, the market is still in a contango structure, and Guangdong will enter the contract rollover quotation stage next week. Coupled with overall weak end-use consumption under high prices, spot premiums are expected to remain at relatively deep discounts.

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