TCs for both Domestic and Imported Zinc Concentrate Fall in June

Published: May 27, 2016 10:18
TCs of domestic zinc concentrate (50%) fall 100 yuan to 5,000-5,200 yuan per tonne (zinc content) for June.

SHANGHAI, May 27 (SMM) – TCs of domestic zinc concentrate (50%) fall 100 yuan to 5,000-5,200 yuan per tonne (zinc content) for June, and those for imported zinc concentrate (50%) were also down $15 to $100-130 per dry metric tonne (DMT), according to SMM data on May 25.

China Zinc Concentrate Imports Hit 20-Month Low in April

SMM understands TCs of domestic zinc concentrate were lowered further this past week. Goods with high TCs from Inner Mongolia and Shaanxi were mainly sold to nearby regions. Mines mostly produce steadily during the peak season and sold normally.

Losses from imported ore narrowed 100 yuan to 840 yuan per tonne (zinc content) compared with domestic ore this past week, SMM calculates. Trading was quiet as zinc smelters were unwilling to purchase.

TCs of domestic zinc concentrate (50%) fell to 5,000-5,200 yuan per tonne (zinc content) this past week, and those for imported zinc concentrate (50%) were $100-130 per dry metric tonne (DMT), according to SMM data.

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TCs for both Domestic and Imported Zinc Concentrate Fall in June - Shanghai Metals Market (SMM)