Guangdong zinc market: Sellers raised price

Published: Apr 24, 2024 16:18

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#0 zinc in Guangdong was traded at 22355~22570 yuan/mt today.

#0 zinc in Guangdong was traded at 22355~22570 yuan/mt today. Mainstream brands were quoted with discounts of 75~95 yuan/mt over SHFE 2406 zinc contract, and premiums of 100 yuan/mt against Shanghai prices. In the first trading period, cargo sellers quoted brands such as Qilin, Huize and Mengzi with premiums of 0-15 yuan/mt. As SHFE zinc prices rose, sellers raised quotes but downstream buying weakened. In the second trading period, Qilin, Mengzi, etc. were offered a discount of 75~95 yuan/ton. Sellers lacked interest in selling. Today's transaction was poor.

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