Zinc Concentrates TCs for 2017 Term Shipments May Hit Record Low

Published: Mar 8, 2017 16:18

Save

Zinc concentrates TCs for 2017 term shipments will likely hit a record low, Teck CEO Don Lindsay said.

SHANGHAI, Mar. 8 (SMM) – Zinc concentrates TCs for 2017 term shipments will likely hit a record low, Teck CEO Don Lindsay said. The company will benefit most if as expected.

SMM learns that the term negotiations, which started in late February-early March, are still underway, as sellers and buyers are widely divided on the talks.

Market players reached a consensus that the charges for 2017 will drop sharply.

Zinc concentrates TCs for 2016 term shipments were around $200 per tonne.

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

zinc prices TC/RC SHFE zinc

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

13 hours ago

Macro sentiment disturbance SHFE zinc plummeted [SMM Zinc Futures Brief Review]

[Macro sentiment disturbance SHFE zinc plummeted]: The most-traded SHFE zinc 2603 contract opened at 25,625 yuan/mt, touched a high of 25,625 yuan/mt early in the session, then fell all the way, probing a low of 24,245 yuan/mt near the close, and finally settled at 24,515 yuan/mt, down 1,260 yuan/mt, a drop of 4.89%.

13 hours ago

14 hours ago

Hyundai Fails to Repurchase Production Facilities at Russian Plant Due to Conflict

[Hyundai Motor Abandons Repurchase of Russian Plant] South Korean automaker Hyundai Motor announced on February 2 that, due to the ongoing Russia-Ukraine conflict, the company did not exercise its previous repurchase option for its car manufacturing plant in Russia. According to industry sources, Hyundai Motor continued negotiations with the Russian side until the repurchase option deadline on January 31, but ultimately decided not to repurchase the plant's production facilities. It is reported that, as talks between the US and Russia to end the Ukraine conflict have stalled, the persistent geopolitical uncertainty was considered by Hyundai Motor as the primary concern behind this decision.

14 hours ago

15 hours ago

Data: SHFE, DCE market movement (Feb 02)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 02 Feb , 2026

15 hours ago