Guangdong Zinc Premiums Surge by 95 Yuan/mt WoW Ahead of Labour Day Holiday

Published: Apr 25, 2025 16:12
Premiums and discounts in Guangdong rose WoW by around 95 yuan/mt. As of Friday, mainstream 0# zinc quotations in Guangdong were at premiums of 480~520 yuan/mt against the market, and the Shanghai-Guangdong price spread widened to 60 yuan/mt. The Labour Day holiday is expected to start next week, but with the current high premiums, downstream sectors generally make just-in-time procurement, and premiums and discounts are expected to continue fluctuating at highs.

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Premiums and discounts in Guangdong rose WoW by around 95 yuan/mt. As - Shanghai Metals Market (SMM)