[SMM Flash News] In Guangdong, the mainstream transaction price of 0# zinc ranged from 21,995 to 22,280 yuan/mt. Mainstream brands were quoted at a premium of 375 yuan/mt against the 2508 contract, and at a discount of 10 yuan/mt against spot cargo in Shanghai. The Shanghai-Guangdong price spread remained stable. Overall, influenced by the weakening downstream demand, the premiums and discounts in the Guangdong market continued to decline. Meanwhile, the futures market rose today, and downstream sentiment of fear of high prices emerged. The market mainly focused on consuming inventory and maintaining a wait-and-see attitude. Transactions in the market were average today, and spot premiums fell.