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  Guangdong Zinc: The center of zinc prices moves higher, while spot trades weaken [SMM Midday Review]

  [Guangdong Zinc: Zinc Price Center Rises, Spot Trades Weaken] The mainstream transaction price of 0# zinc in Guangdong ranged from 21,980 to 22,175 yuan/mt. The mainstream brands were quoted at a premium of 5 yuan/mt against the 2508 contract and at a discount of 70 yuan/mt against Shanghai spot cargo. The Shanghai-Guangdong price spread remained...

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• Daily total inventory across three regions declined slightly, while spot premiums remained stable [SMM Spot Aluminum Midday Review]

  [SMM Spot Aluminum Midday Review: Daily Total Inventory in Three Regions Declined Slightly, Spot Premiums Remained Stable] SMM reported on July 9: In the morning session, the center of SHFE aluminum prices rose slightly to around 20,650 yuan/mt. As the aluminum price center declined, downstream just-in-time procurement slightly rebounded. The daily inventory in east China declined slightly, with spot aluminum premiums mostly traded against the SMM average price, and premiums stabilized somewhat. Today, SMM A00 aluminum was quoted at 20,660 yuan/mt, up 60 yuan/mt from the previous trading day, with a discount of 50 yuan/mt against the July contract, unchanged from the previous trading day.

• US tariff impact expected, SHFE copper continues to face pressure [Flash News]