Chinese Zinc Concentrate Treatment Charges Decline in July Amid Weak Price Ratio

Published: Jul 10, 2026 18:17

Save

[Domestic Zinc Concentrate Market]This week, domestic zinc concentrate treatment charges (TCs) across multiple regions in China were gradually finalized, with July TCs continuing to decline from June levels. The primary driver behind the latest reduction was the persistently weak domestic-to-overseas price ratio, which pushed losses on imported zinc concentrate to nearly RMB 2,000/mt once again. As a result, Chinese smelters continued to prioritize purchases of domestic zinc concentrate in July, keeping the domestic concentrate market in a tight supply-demand balance.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.minsAgo

Data: SHFE, DCE market movement (Jul 13)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 13 Jul , 2026

Common.Time.minsAgo

1 hour ago

Review of Zinc Oxide Market in H1 2026 & Outlook for the Later Half: Cost Squeeze and Industrial Overcapacity

Supply Side: Lower Year-on-Year Operating Rates, Extended Spring Festival Holiday Restricting Capacity Output.The overall supply of the zinc oxide industry in H1 2026 was characterized by "shrinking output and weak operating rates".

1 hour ago

Common.Time.hoursAgo

Guangdong Zinc: Futures Consolidate at Highs, Market Just-in-Time Procurement [SMM Midday Comment]

[Guangdong Zinc: Futures Consolidate at Highs, Market Just-in-time Procurement] Mainstream transactions of Guangdong #0 zinc were concluded at 24,595-24,750 yuan/mt, with mainstream brands quoted at discounts of 115-85 yuan/mt against the 2608 contract, and at a discount of 35 yuan/mt against Shanghai spot cargo. The Shanghai-Guangdong price spread widened...

Common.Time.hoursAgo