Guangdong zinc: Transportation affects factory orders, warehouse spot trading volume rises

#0 zinc in Guangdong was traded at 21065~21225 yuan/mt today. Mainstream brands were quoted with discounts of 45~55 yuan/mt over SHFE 2405 zinc contract, with premiums of 30 yuan/mt against Shanghai prices. During the first trading session, the sellers' premiums for brands such as Qilin, Huize and Mengzi were 0-10 yuan/ton. Traders kept prices firm. Danxia's quotation was a premium of 30 yuan/ton. The premiums of Lanxin zinc were zero. In the second trading period, Qilin, Mengzi, etc. were offerred with discounts of 45 to 55 yuan/ton. Recently, the market has been affected by transportation issues. Traders and manufacturers have proposed shipment volumes. The volume of transactions at warehouses has increased. Due to the increase in costs, the spot quotations were higher.