Electricity price in Europe is the main risk point for zinc, keep an eye on the trends of overseas refineries [selection of SMM Zinc Weekly]

The following is an excerpt from the weekly report of the zinc industry chain:

In terms of lun zinc, the problem of electricity prices in Europe intensified this week. Due to the maintenance of nuclear power plants in France and the reduction of generating capacity of its largest power plants in Germany this week, comprehensive electricity prices in Europe soared to about 350 euros per megawatt-hour. As a result, some aluminum mills in Europe have also reduced production, which has also exacerbated concerns in the zinc market about energy shortages and rising electricity prices. The market is worried that after refinery costs rise further, there will be events such as prolonging production cuts or expanding production cuts in the coming first quarter, driving up zinc prices. On the other hand, in the later stage, until the electricity price, the biggest risk point, has not been completely lifted, Lun Zinc will remain strong and is expected to operate at 3450 to 3650 US dollars / ton.

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Catalogue of "SMM Zinc Industry chain Weekly report" in this issue

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[China Zinc Industry chain High-end report] SMM exclusive monthly survey of zinc industry chain report, covering from zinc concentrate to zinc primary consumer operating rate and supply and demand profile. And announce the exclusive monthly zinc concentrate, refined zinc balance, continue to track the industry entity enterprises, update data. And through the supply and demand situation and data model to make a simple prediction of the future trend of zinc. "View details