[Guangdong Zinc: Market Trading Atmosphere Weakens, Spot Premiums/Discounts Decline] The mainstream transactions of 0# zinc in Guangdong were concluded at 22,905-23,125 yuan/mt. Mainstream brands were quoted at a premium of 450 yuan/mt against the 2505 contract and at a premium of 40 yuan/mt against spot cargo in Shanghai. The Shanghai-Guangdong price spread narrowed.....

[Shanghai Zinc: Many Traders on Holiday, Weak Transactions]: Today, mainstream transaction prices for 0# zinc were concentrated in the range of 22,880-23,005 yuan/mt. Shuangyan zinc was traded at 23,050-23,175 yuan/mt, and mainstream transaction prices for 1# zinc were in the range of 22,810-22,935 yuan/mt. In the morning session, the market offered a premium of 20 yuan/mt against the average price, with almost no offers against the futures price...

[Ningbo Zinc: Minimal Inquiries and Purchases from Downstream, Sluggish Trading] The transaction prices of mainstream 0# zinc brands in the Ningbo market ranged around 22,880-23,005 yuan/mt. Conventional brands in Ningbo were quoted at a premium of 180 yuan/mt against the 2505 contract, and at a premium of 20 yuan/mt against Shanghai spot cargo. Mainstream quotes in the Ningbo region were made against the 2505 contract...

[Tianjin Zinc: Sluggish Market Transactions on the Last Day Before the Holiday] In the Tianjin market, mainstream transactions for #0 zinc ingot were concluded at 22,860-23,110 yuan/mt, with Zijin transactions concluded at 23,000-23,170 yuan/mt. Transactions for #1 zinc ingot were concluded around 22,580-22,710 yuan/mt, while Huludao reported prices at 26,270 yuan/mt. The ordinary #0 zinc ingot was quoted at a premium of 160-290 yuan/mt against the 2505 contract, with Zijin quoted at a premium of 300-350 yuan/mt against the 2505 contract. Tianjin was quoted at a premium of around 40 yuan/mt against Shanghai, with the price spread between Tianjin and Shanghai narrowing.

【As the Labour Day holiday approaches, what are the holiday arrangements for die-casting zinc alloy and zinc oxide enterprises?】The total annual capacity of SMM's sample of die-casting zinc alloy enterprises is 1.6365 million mt. This time, SMM has gathered information on holiday arrangements from fifteen die-casting zinc alloy enterprises, with a total capacity of 739,300 mt, affecting zinc consumption by 5,173 mt. According to SMM, the number of holiday days for enterprises during this Labour Day holiday is basically 0-5 days, with an average of 2.9 days, a decrease of 0.7 days compared to 3.6 days last year on a YoY basis. This is mainly due to the impact of the zinc price center of gravity in April experiencing a slight correction from the previous period, leading to an improvement in orders...

[SMM Analysis: What are the holiday arrangements for galvanising enterprises during the Labour Day holiday?] As the Labour Day holiday approaches, SMM conducted a survey on the holiday arrangements of galvanising enterprises. This survey involved 27 galvanising enterprises with a total capacity of 21.38 million mt. According to SMM, some enterprises will take a holiday ranging from 1 to 5 days during the Labour Day holiday, while others will continue normal production without taking a holiday. In total, this will affect zinc consumption by approximately 5,309 mt.

SMM Analysis:In May, SMM's domestic monthly zinc concentrate TCs rose by 50 yuan/mt MoM to 3,500 yuan/mt, while the monthly TCs for imported zinc concentrate increased by $5/dmt to $45/dmt. The current period coincides with the peak negotiation period for domestic zinc concentrate TCs in May.....