China Zinc Concentrate TCs Seen Fall Further

Published: Jul 15, 2016 09:25
Domestic zinc concentrate TCs are expected to fall further in the near term due to ore supply tightness, SMM says.

SHANGHAI, Jul. 15 (SMM) – Domestic zinc concentrate TCs are expected to fall further in the near term due to ore supply tightness, SMM says.

A few mines in Guangxi, Sichuan and Yunnan slashed or suspended production due to heavy rains, SMM understands. Concentrate transportation was also slightly affected.

Losses from imported ore expanded 100 yuan to 1,600 yuan per tonne (zinc content) compared with domestic ore this past week, SMM calculates. Most zinc smelters refrained from buying imported goods now that TCs of imported ore were mostly around $ 100 per dry metric tonne (DMT).

TCs of domestic zinc concentrate (50%) were 4,800-5,100 yuan per tonne (zinc content) this past week. Those for imported zinc concentrate (50%) were $90-120 per dry metric tonne (DMT), with the low-end of $80.

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


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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Macro sentiment improves, SHFE zinc rises [SMM zinc morning comment]
2 hours ago
Macro sentiment improves, SHFE zinc rises [SMM zinc morning comment]
Read More
Macro sentiment improves, SHFE zinc rises [SMM zinc morning comment]
Macro sentiment improves, SHFE zinc rises [SMM zinc morning comment]
[SMM Zinc Morning Comment] Overnight, the most-traded SHFE zinc 2607 contract opened at 24,190 yuan/mt. Early in the session, it briefly dipped to a low of 24,020 yuan/mt, then bears reduced their positions, and the price fluctuated upward, touching a high of 24,305 yuan/mt near the close. It finally closed up at 24,265 yuan/mt, up 100 yuan/mt, a gain of 0.41%. Trading volume decreased to 60,028 lots, and open interest decreased by 1,210 lots to 79,545 lots.
2 hours ago
Easing US-Iran tensions, LME zinc center shifted higher [SMM Morning Meeting Summary]
2 hours ago
Easing US-Iran tensions, LME zinc center shifted higher [SMM Morning Meeting Summary]
Read More
Easing US-Iran tensions, LME zinc center shifted higher [SMM Morning Meeting Summary]
Easing US-Iran tensions, LME zinc center shifted higher [SMM Morning Meeting Summary]
[SMM Morning Meeting Minutes: Easing US-Iran Tensions, LME Zinc Center Moves Higher]: Overnight, LME zinc opened at $3,464/mt. It initially moved sideways along the daily average, dipping to $3,442/mt during the session. Entering the night session, bulls added positions, and LME zinc rallied all the way to reach a high of $3,534/mt near the end. It finally settled up at $3,525.5/mt, up $57/mt, or 1.64%. Trading volume fell to 14,639 lots, and open interest increased by 4,214 lots to 238,000 lots.
2 hours ago
Data: SHFE, DCE market movement (Jun 11)
18 hours ago
Data: SHFE, DCE market movement (Jun 11)
Read More
Data: SHFE, DCE market movement (Jun 11)
Data: SHFE, DCE market movement (Jun 11)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 11 Jun , 2026
18 hours ago
China Zinc Concentrate TCs Seen Fall Further - Shanghai Metals Market (SMM)