May 8 Zinc Guangdong Brands rise and paste Water

[SMM Flash] State Council Executive Meeting: Roll out a batch of practical and effective incremental policies, and study the introduction of policy measures to stabilize the real estate market and promote employment and income growth.

[SMM Flash] Today, China's refined zinc spot market overall showed signs of pre-holiday stockpiling winding down and trading turning quiet. Zinc prices continued to consolidate at highs, while downstream enterprises had largely completed their pre-holiday stockpiling and mostly shifted to a wait-and-see stance, resulting in generally moderate market transactions.

[SMM Flash] As the holiday approaches, enterprises in Guangdong with stockpiling demand have largely completed their stockpiling. Transactions in the spot market were moderate today. Although some brands quoted higher prices recently, actual transactions were relatively difficult, and spot premiums remained unchanged from yesterday.