Smelter Maintenance to Bolster Spot Zinc Prices in Tianjin in June

May 28, 2015 17:33

Source:SMM

Prices of #0 zinc in China’s Tianjin will remain higher than those in Shanghai in June as maintenance at zinc smelters may cut supply there, SMM says.

SHANGHAI, May 28 (SMM) – Prices of #0 zinc in China’s Tianjin will remain higher than those in Shanghai in June as maintenance at zinc smelters may reduce supply there, SMM says.

Limited supply and stable demand from galvanizers in Tianjin’s Daqiuzhuang region resulted in an over 4,000-tonne decline in Tianjin’s zinc inventories last week. As such, local prices for #0 zinc outstripped those in Shanghai, with the spreading once exceeding 100 yuan per tonne.

This week, the price gap between the two markets narrowed some with shipments from Chifeng NFC Kumba Hongye Zinc arriving in Tianjin. But maintenance operations at some smelters in Tianjin will cut local zinc output by some 10,000 tonnes in June, which SMM believes will bolster zinc prices.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

China zinc price forecast

China zinc supply

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Smelter Maintenance to Bolster Spot Zinc Prices in Tianjin in June

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit