Guangdong zinc market: Downstream enterprises purchased on dips

#0 zinc in Guangdong was traded at 21615~21845 yuan/mt today. Mainstream brands were quoted with premiums of 280 yuan/mt over SHFE 2311 zinc contract, with discounts of 100 yuan/mt against Shanghai prices.

In the first trading session, Qilin, Huize and Mengzi zinc was quoted with premiums of 0-10 yuan/mt. Most of the trades occurred with prices flat from SHFE zinc prices.

In the second trading period, Qilin and Mengzi zinc traded with premiums of 270 to 280 yuan/mt. The transaction atmosphere improved compared with yesterday. There are many spot goods in the South China market, and the sellers did not raise prices.