China Zinc Concentrate TCs Stay Flat, Further Falls Expected

SMM Insight 09:51:47AM May 13, 2016 Source:SMM

SHANGHAI, May 13 (SMM) – TCs of domestic zinc concentrate (50%) held stable at 5,100-5,300 yuan per tonne (zinc content) this past week, and those for imported zinc concentrate (50%) were $110-130 per dry metric tonne (DMT), according to SMM data.

Domestic zinc concentrate TCs are expected to fall in the near term, SMM expects.

SMM understands TCs of domestic zinc concentrate were lowered for some smelters in Hunan and Gansu. Domestic zinc concentrate supplies remain limited. Raw material inventories at some smelters are only sufficient to 2 weeks of production. Supply tightness in North China is expected to ease, though, as an increasing number of mines restart due to warmer weather.

Losses from imported ore expanded 200 yuan to 1,000 yuan per tonne (zinc content) compared with domestic ore this past week, SMM calculates. 


China Zinc Concentrate TCs by Region (Unit: yuan per tonne)

Region

Week ending May 6

Week ending May 13

Change

Inner Mongolia

5200-5700

5200-5700

0

Yunnan

5200-5500

5200-5500

0

Hunan

5100-5300

5100-5300

0

Guangxi

5100-5200

5100-5200

0

Shaanxi

5100-5350

5100-5350

0

Sichuan

5100-5500

5100-5500

0

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


Relative News

China Zinc Concentrate TCs Stay Flat, Further Falls Expected

SMM Insight 09:51:47AM May 13, 2016 Source:SMM

SHANGHAI, May 13 (SMM) – TCs of domestic zinc concentrate (50%) held stable at 5,100-5,300 yuan per tonne (zinc content) this past week, and those for imported zinc concentrate (50%) were $110-130 per dry metric tonne (DMT), according to SMM data.

Domestic zinc concentrate TCs are expected to fall in the near term, SMM expects.

SMM understands TCs of domestic zinc concentrate were lowered for some smelters in Hunan and Gansu. Domestic zinc concentrate supplies remain limited. Raw material inventories at some smelters are only sufficient to 2 weeks of production. Supply tightness in North China is expected to ease, though, as an increasing number of mines restart due to warmer weather.

Losses from imported ore expanded 200 yuan to 1,000 yuan per tonne (zinc content) compared with domestic ore this past week, SMM calculates. 


China Zinc Concentrate TCs by Region (Unit: yuan per tonne)

Region

Week ending May 6

Week ending May 13

Change

Inner Mongolia

5200-5700

5200-5700

0

Yunnan

5200-5500

5200-5500

0

Hunan

5100-5300

5100-5300

0

Guangxi

5100-5200

5100-5200

0

Shaanxi

5100-5350

5100-5350

0

Sichuan

5100-5500

5100-5500

0

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