Spot Zinc Premiums Narrow Sharply after China Anti-Pollution Push, SMM Reports

Published: May 5, 2017 13:35

Save

Zinc consumption softened recently after China strengthened environmental protection actions in Northern regions.

SHANGHAI, May 5 (SMM) - Zinc consumption softened recently after China strengthened environmental protection actions in Northern regions.

Spot premiums of zinc in Tianjin, China were quoted at 220-300 yuan per tonne over SHFE June zinc on Thursday, SMM reported.

Shanghai Sees Increased Zinc Imports as Losses Fall, SMM Reports

Imported Zinc Concentrate TCs Rise, SMM Reports

Spot premiums in Tianjin over Shanghai prices contracted from 150 yuan per tonne from last week to zero.

Zinc consumption in Shanghai is steady. Cargo holders witnessed slow sales.

Premiums in Tianjin over Shanghai prices may invert to discounts in the near term, SMM said. Shipments to Shanghai are expected.

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

zinc prices TCs zinc concentrate zinc inventories LME zinc prices SHFE zinc prices zinc ore zinc supply

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

10 hours ago

Silver Bow Mining Acquires Montana Metallurgical Complex with Two Processing Circuits

On August 24, Silver Bow Mining Corp. announced that it had entered into a definitive asset purchase agreement with Montana Goldfields, Inc. and Montana Tunnels Mining, Inc. to acquire an integrated metallurgical complex in Jefferson County, Montana. The complex includes two separate mineral processing circuits, as well as the historic Montana Tunnels M-Pit. The Jefferson County Metallurgical Complex includes processing circuits with capacities of 15,000 tons per day and 1,000 tons per day, along with crushing and ore storage facilities, a tailings facility and related infrastructure. The 1,000-ton-per-day circuit is expected to be suitable for processing high-grade silver-gold-zinc-lead mineralization from Silver Bow Mining's Rainbow Block resources.

10 hours ago

Fresnillo plc Reports Q2 2026 Zinc Production Drop, Updates Annual Guidance

[Fresnilloplc Announces Q2 2026 Production] Fresnilloplc released its Q2 2026 report, which showed a zinc concentrates metal content of 27,600 mt in the second quarter, down 2.6% YoY, mainly due to lower ore grade at Saucito, partially offset by higher ore grades at Fresnillo and Juanicipio. Its zinc concentrates production guidance for 2026 is 85,000-95,000 mt.

10 hours ago

11 hours ago

The mine supply shortage remains unchanged, and the SHFE zinc center has slightly moved up [SMM Zinc Futures Brief Review]

[Mine Supply Tightness Unchanged, SHFE Zinc Center Slightly Higher] The most-traded SHFE zinc 2610 contract opened at 26,035 yuan/mt. After the open, SHFE zinc consolidated around the daily average line. At the beginning of the session, SHFE zinc hit a high of 26,125 yuan/mt, then during the session it touched a low of 25,960 yuan/mt. It finally closed higher at 26,070 yuan/mt, up 65 yuan/mt, or 0.25%. Trading volume decreased to 68,652 lots, and open interest increased by 3,279 lots to 152,000 lots....

11 hours ago