SMM Review Of Guangdong Spot Zinc Market
- Th06 26, 2023, at 4:19 pm
Spot #0 zinc was quoted with premiums of 310-370 yuan/mt over SHFE 2308 zinc contract last week, and discounts in Guangdong stood at a maximum of 70 yuan/mt against Shanghai prices. As the Dragon Boat Festival holidays approached, most traders sold cargoes aggressively, lowering spot quotes rapidly.
