Guangdong Zinc: Traders raised prices, quotes rose slightly

#0 zinc in Guangdong was traded at 20450~20555 yuan/mt today. Mainstream brands were quoted with discounts of 35~60 yuan/mt over SHFE 2404 zinc contract, with discounts of 30 yuan/mt against Shanghai prices. During the first trading session, the sellers quoted high prices for brands such as Kirin, Huize and Mengzi, while Blue Zinc quoted a discount of 5 yuan/ton. The market sentiment in the morning was not high, and there were transactions at a discount in the market; In the second trading period, Qilin, Mengzi, etc. were offered discounts of 35 to 50 yuan/ton, and the price spread between front-month and next-month contracts widened. Traders raised prices, and spot premiums and discounts gradually increased.