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Home / Metal News / Maintenance at China Zinc Smelters to Hurt Zinc Output in June, SMM Reports

Maintenance at China Zinc Smelters to Hurt Zinc Output in June, SMM Reports

Jun 7, 2017 10:32

Source:SMM

Some Chinese zinc smelters will undertake maintenance cycle in June, and will hurt zinc production, SMM understands.

SHANGHAI, Jun. 7 (SMM) - Some Chinese zinc smelters will undertake maintenance cycle in June, and will hurt zinc production, SMM understands.

Influx of Imported Zinc to Weigh on Chinese Zinc Prices, SMM Reports

About 15,000 tonnes of zinc output will be affected after maintenance at these smelters, SMM said.

Some zinc smelters that conducted maintenance in May have yet to resume production, SMM added. Growth in China’s refined zinc output will be lower than expected in June.

US Zinc Imports Double in April, Exports Rise Slightly

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On the one hand, Teck Resources has signed an annual zinc concentrate contract with a 45% increase in TCs to $230/dmt. An escalation clause was included: if the prices of zinc exceed $3,800/mt, TCs will rise by $0.05/mt for every $1/mt increase in the prices of LME zinc, but if the zinc prices fall, TCs will remain unchanged (the same as the 20%/80% price sharing scheme in China).

Apr 11, 2022 15:09

Analysis

A Short Squeeze May Occur Overseas Followed by the Domestic Market

SMM China Zinc Inventory in Major Markets Rose 5,200 mt on Week

Total zinc ingots inventories across seven major markets in China stood at 278,000 mt as of April 8, up 5,200 mt from April 1, down 300 mt from March 6. Domestic inventories increased.

Apr 8, 2022 16:45

SMM Insight

SMM China Zinc Inventory in Major Markets Rose 5,200 mt on Week

Refined Zinc Output to Decline 6,000 mt in August amid Loose Power Curtailment

SMM data showed that China's refined zinc output stood at 508,900 mt in August, down 1.22% on the month and 0.04% on the year. Output from January to August was 4.04 million mt, a year-on-year increase of 4.47%. Alloy output at domestic refined zinc smelters in SMM’s survey sample registered 75,500 mt in August, up 80 mt on the month.

Sep 8, 2021 12:09

SMM Insight Analysis

Refined Zinc Output to Decline 6,000 mt in August amid Loose Power Curtailment

Increased zinc imports weigh on spot offers

Traders continued to lower offers in China’s spot zinc market on Thursday May 10 as supply of imported zinc increased, SMM learned.

May 10, 2018 15:05

SMM Comments

Increased zinc imports weigh on spot offers

China's spot zinc offers dip amid quiet trading

In China's spot zinc market on Wednesday May 9, smelters continued to lower offers after thinner transactions from the previous day

May 9, 2018 15:57

SMM Comments

China's spot zinc offers dip amid quiet trading

SHFE zinc plunges amid pessimistic sentiment

SHFE zinc tumbled during the day and touched a low at 23,605 yuan/mt on Thursday April 12 despite better fundamentals since the start of this month.

Apr 12, 2018 15:43

SMM Comments SMM Insight

SHFE zinc plunges amid pessimistic sentiment

SMM Evening Comments (Apr 10)

SMM Evening Comments

Apr 10, 2018 18:04

SMM Comments

SMM Evening Comments (Mar 15)

SMM Evening Comments

Mar 15, 2018 17:50

SMM Comments

Snapshot: Zinc spot market in Shanghai

Trading remained flat in the Shanghai zinc spot market today as sellers were unwilling to releases cargoes after zinc prices fell.

Mar 15, 2018 13:26

Analysis

Losses on zinc imports shrink

Losses on zinc imports narrowed to 150-250 yuan/mt recently as LME zinc faced resistance and edged down.

Mar 15, 2018 11:35

Analysis

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Maintenance at China Zinc Smelters to Hurt Zinc Output in June, SMM Reports

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