Guangdong market: As the weekend approaches, purchasing demand in South China market increases

#0 zinc in Guangdong was traded at 22345~22460 yuan/mt today. Mainstream brands were quoted with discounts of 105~115 yuan/mt over SHFE 2406 zinc contract, with premiums of 70 yuan/mt against Shanghai prices. In the first period, sellers quoted prices for brands such as Qilin, Huize and Mengzi at around the high level; in the second period, Qilin, Mengzi and others were at a discount of 90-110 yuan/ton. As SHFE zinc prices fell, downstream stocking demand emerged. In the second period, transactions improved slightly, and the overall market transaction was slightly better than yesterday.