China Zinc Concentrate TCs to Continue Falling

Published: Jul 21, 2016 17:26
Domestic zinc concentrate TCs are expected to fall further in the near term due to ore supply tightness, SMM says.

SHANGHAI, Jul. 21  (SMM) – Domestic zinc concentrate TCs are expected to fall further in the near  term due to ore supply tightness, SMM says.

Mines and traders sold actively  recently due to high zinc prices, and this helped ease ore tightness some,  slowing declines in domestic zinc concentrate TCs, SMM understands. But many domestic  zinc smelters are still scrambling for ore against low raw material inventories.

Mines in Hunan’s Huayuan suspended  production as local explosive supplies were cut off due to inspections. Beneficiation  plants having raw material remain in production, though. When their mining  operation will restart is still unsure.

Losses from imported ore  expanded 200 yuan to 1,800 yuan per tonne (zinc content) compared with  domestic ore this past week, SMM calculates. Most zinc smelters refrained  from buying imported goods.

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 $85-110 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 to learn 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
Lead Prices Stagnant, Smelters Maintain Firm Offers Amid Losses
22 hours ago
Lead Prices Stagnant, Smelters Maintain Firm Offers Amid Losses
Read More
Lead Prices Stagnant, Smelters Maintain Firm Offers Amid Losses
Lead Prices Stagnant, Smelters Maintain Firm Offers Amid Losses
Lead prices were in the doldrums, while secondary lead smelters maintained firm offers due to losses. The mainstream spot order ex-factory prices including tax narrowed the discount to the SMM #1 lead average price by 100 yuan/mt, shifting to a premium of 0–25 yuan/mt, with some smelters halting offers and sales.
22 hours ago
"Domestic Secondary Crude Lead Market Slows as Holidays Approach, Smelters Halt Production"
22 hours ago
"Domestic Secondary Crude Lead Market Slows as Holidays Approach, Smelters Halt Production"
Read More
"Domestic Secondary Crude Lead Market Slows as Holidays Approach, Smelters Halt Production"
"Domestic Secondary Crude Lead Market Slows as Holidays Approach, Smelters Halt Production"
Pre-holiday stockpiling by downstream enterprises had largely concluded, and a few had already entered the holiday period, completely suspending procurement. Next week, secondary lead smelters will enter a concentrated wave of production halts and holidays, resulting in sluggish trading activity in the spot market. Offers for spot refined lead orders were sparse, with prices moving in line with the market.
22 hours ago
Sluggish Transactions in Domestic Secondary Crude Lead Market, Prices at 15,250-15,400 Yuan/mt
22 hours ago
Sluggish Transactions in Domestic Secondary Crude Lead Market, Prices at 15,250-15,400 Yuan/mt
Read More
Sluggish Transactions in Domestic Secondary Crude Lead Market, Prices at 15,250-15,400 Yuan/mt
Sluggish Transactions in Domestic Secondary Crude Lead Market, Prices at 15,250-15,400 Yuan/mt
The domestic secondary crude lead market experienced sluggish transactions. As of February 6, 2026, the ex-factory tax-exclusive offers for domestic secondary crude lead stood at 15,250-15,400 yuan/mt. Downstream refined lead and alloy smelters gradually entered the holiday period, showing weak stockpiling willingness. Overseas lead ingot suppliers basically halted transactions with China due to poor consumption in the Chinese market, with only some previously concluded shipments maintaining normal in-transit transportation. The trading atmosphere in the secondary crude lead market will continue to weaken next week.
22 hours ago
China Zinc Concentrate TCs to Continue Falling - Shanghai Metals Market (SMM)