China Zinc Concentrate TCs Seen Fall Further

Published: Jul 15, 2016 09:25

Save

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.

imported zinc concentrate TCs domestic zinc concentrate TCs TCs of domestic zinc concentrate zinc smelters

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

26 mins ago

[SMM Flash] Russia Lifts Rail Transit Ban on Kazakh Sulfur Exports

Russia has officially lifted its rail transport ban on sulfur originating from Kazakhstan transiting through Russian territory for export. The Federal Agency for Railway Transport (Roszheldor) imposed the ban on May 24, 2026, suspending the shipment of Kazakh sulfur to Russian seaports and railway checkpoints. The restriction forced exporters to reroute shipments via alternative corridors, with logistics costs for Tengiz and Kashagan sulfur roughly doubling through the port of Batumi, according to sources. The lifting order was signed on July 24, 2026, following instructions from First Deputy Prime Minister Denis Manturov. Russian Railways (RZD) has notified its subsidiaries to resume accepting railcars carrying Kazakh sulfur, with shipments directed to port stations on the Oktyabrskaya, Severnaya, Kaliningradskaya, Severo-Kavkazskaya, Privolzhskaya and Dalnevostochnaya railways. Kazakhstan is a major sulfur producer and exporter, with annual exports exceeding 4 million tonnes, the bulk of which traditionally flows through Russian ports. The lifting of the ban is expected to restore normal export routes for Kazakh sulfur.

26 mins ago

44 mins ago

China's supply-demand imbalance persists, SHFE zinc continues to consolidate at highs [SMM zinc morning comment]

[SMM Zinc Morning Comment] Overnight, the most-traded SHFE zinc 2609 contract opened lower with a gap at 24,660 yuan/mt. In early trading, SHFE zinc consolidated around the daily average line, dipping to a low of 24,595 yuan/mt. Subsequently, bears reduced positions, pushing the price up to a high of 24,770 yuan/mt. At the end of the session, gains narrowed and the price maintained a fluctuating trend, finally closing down at 24,720 yuan/mt, down 60 yuan/mt or 0.24%. Trading volume decreased to 51,828 lots, and open interest fell by 2,582 lots to 109,000 lots.

44 mins ago

46 mins ago

LME inventory continued to decline, and LME zinc recorded a bearish candlestick [SMM Morning Meeting Minutes]

[SMM Morning Meeting Summary: LME Zinc Inventory Continues to Fall, LME Zinc Records a Bearish Candlestick] Overnight, LME zinc opened at $3,611/mt. At the beginning of the session, LME zinc briefly touched a high of $3,611.5/mt, then the price drifted lower all the way, dipping to a low of $3,558/mt during the night session. At the end of the session, LME zinc edged up to recoup some of its losses, finally closing down at $3,567.5/mt, down $47.5/mt or 1.31%. Trading volume increased to 11,890 lots, and open interest rose by 1,807 lots to 251,000 lots.

46 mins ago