[Zn Ingot] Hualian Zinc and Indium to Build 100,000-tpy Zinc and 60-tpy Indium Smelting Project

According to SMM research, domestic monthly output of zinc concentrate continued to rise since March, 2021. The TCs for imported ore led the downward correction since late August, and the TCs for domestic ore fell since end of September. The current supply of ore was still tight even the smelting capacity has been constrained by the power rationing. The TCs are likely to drop further in Q4.

Zinc ingots inventory in seven locations across China totalled 115,700 mt as of July 26, down 200 mt from last Friday (July 23) and fell 1200 mt on week.

The government of Southwest China’s Yunnan province has rolled out plans to promote major companies’ commercial stockpiling of key non-ferrous metals, including copper, aluminium, lead, zinc, tin, germanium and indium, as part of the effort to support the metals market impacted by the coronavirus pandemic and to boost the development of the real economy. 

Trading in the indium spot market in China was lacklustre during the week ended Friday June 7 as a declining market kept buyers and sellers on the sidelines

SMM Morning Comments

SMM Evening Comments

SMM Evening Comments

Trading in the indium spot market in China was lacklustre during the week ended Friday April 27 as both buyers and sellers were keen to delay deals until the VAT cut takes effect on May 1

As the China-US trade war worsened, stock prices of Chinese minor metal producers dropped for the most part on Wednesday April 18 at Shanghai and Shenzhen Stock Exchanges, SMM learned.

SMM Morning Comments (Dec 28)