Zinc Prices Fluctuated at Highs, Guangdong Spot Premiums Fell This Week [SMM Guangdong Spot Weekly Review]

Published: Jun 5, 2026 16:18

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[Zinc Price Fluctuates at Highs, Guangdong Premiums Fall This Week] This week, Guangdong premiums fell WoW by 15 yuan/mt. As of this Friday, mainstream 0# zinc in Guangdong was quoted at a discount of 90-60 yuan/mt against the market. The Shanghai-Guangdong price spread remained...

This week, premiums in Guangdong fell by 15 yuan/mt WoW. As of this Friday, mainstream 0# zinc in Guangdong was quoted at a discount of 90 to 60 yuan/mt against the market, and the Shanghai-Guangdong price spread remained stable. During the week, zinc prices fluctuated at high levels. Downstream buyers were cautious in procurement due to high prices, end-users entered the consumption off-season, and amid high prices, enterprises mainly consumed inventory and executed long-term contracts, with low enthusiasm for sporadic purchases. Spot premiums lacked sufficient bottom support. Although recent arrivals in Guangdong were limited, the market still had a certain amount of spot circulation. Amid mediocre demand, premiums are expected to continue fluctuating at a discount next week.

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