[Zn TCs] China Sees Zinc Concentrate TCs Falling

Published: Aug 7, 2015 10:29

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China’s domestic zinc concentrate TCs are expected to fall due to persistent supply tightness in some regions and expected stocks replenishment by smelters for winter production in the near term.

SHANGHAI, Aug. 7 (SMM) - China’s domestic zinc concentrate TCs are expected to fall due to persistent supply tightness in some regions and expected stocks replenishment by smelters for winter production in the near term, SMM foresees.

Most mines sold normally on cash tightness, though some mines continued to hold back goods on sluggish zinc prices. Qinghai Southern Mining completed technology upgrading, with mining and dressing capacity raised to 2,500 tonne per day. Inner Mongolia’s Aerhada Mining suspended in July due to power restrictions, but has restarted.

TCs of domestic zinc concentrate (50%) were 5,300-5,400 yuan per tonne (zinc content, price to factory) this past week, or as low as 5,200 yuan, SMM data show.

Zn TCs zinc concentrate TCs

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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