TCs in Yunnan and Inner Mongolia dipped last week. The supply of zinc ore in Yunnan is currently relatively tight, mainly due to the lack of imports of zinc ore from in Southeast Asia and its long distance from the port. At present, the mainstream traded TCs in Yunnan stand at 4,700 yuan/mt with metal content.
Smelters in Inner Mongolia lowered TCs due to the tight supply, preventing local ores from being delivered to other regions. TCs in Shaanxi and Gansu traded at 4,700-5,000 yuan/mt with metal content. Imported zinc concentrate TCs were quoted at $190-210/dmt.
