SHANGHAI, Aug. 18 (SMM) – The SMM/LME zinc price ratio averaged 8.45 this past week, up from 8.37 a week earlier, turning import losses to premiums of 225-584 yuan per tonne.
WBMS: World Zinc Deficit Deteriorate Sharply January-June
The import profit window reopened this past week, and more inflows of imported zinc are expected next week.
CNMC Signs MOU with Australia Zinc Explorer on Lead-Zinc Mine Project
Nonetheless, this will barely help alleviate supply tightness in the near term because domestic supply deficit is very severe, SMM said.
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
![[SMM Analysis] Le commerce des tôles d'acier galvanisé de la Chine se maintient au premier semestre 2026, mais la reprise au second semestre fait face à des vents contraires externes](https://imgqn.smm.cn/usercenter/TeRBO20251217171754.jpg)
![Bilan des importations et exportations de tôle galvanisée au S1 2026 et perspectives pour le S2 [Analyse SMM]](https://imgqn.smm.cn/usercenter/XrnKf20251217171755.jpg)
![[SMM Analysis] Les importations chinoises de concentré de zinc ont augmenté au premier semestre 2026, mais le resserrement des fondamentaux assombrit les perspectives.](https://imgqn.smm.cn/usercenter/qdibi20251217171755.jpg)
