SMM Survey: China Zinc Smelters See Higher Raw Material Inventory Days as Ore Supplies Loosen

Published: Jun 9, 2017 19:58
Raw material inventories at Chinese zinc smelters increased recently as ore supplies grew, SMM survey showed.

SHANGHAI, Jun. 9 (SMM) - Raw material inventories at Chinese zinc smelters increased recently as ore supplies grew, SMM survey showed.

Zinc concentrate inventories at zinc smelters are sufficient to 37 days of production during late May-early June, up 6-7 days on the month. The period of raw material inventories at a few smelters added 2-3 months.

Price Gap Hit Record High between SHFE Front- and 3-Month Zinc, Spot Zinc to Tighten in Near Term, SMM Reports

Guangdong Zinc Inventories Fall to Record Low, Pressure Mounts before Delivery, SMM Reports

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 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
Australia Reviews Anti-Dumping Duties on Galvanized Steel from India, Malaysia, Vietnam Amid Zinc Concerns
5 hours ago
Australia Reviews Anti-Dumping Duties on Galvanized Steel from India, Malaysia, Vietnam Amid Zinc Concerns
Read More
Australia Reviews Anti-Dumping Duties on Galvanized Steel from India, Malaysia, Vietnam Amid Zinc Concerns
Australia Reviews Anti-Dumping Duties on Galvanized Steel from India, Malaysia, Vietnam Amid Zinc Concerns
On September 9, 2026, Australia initiated its second sunset review of anti-dumping measures on galvanized steel sheet from India, Malaysia and Vietnam, and separately launched a sunset review of countervailing measures on imports from India. The review covers July 2025-June 2026, with the final report expected by February 11, 2027. As galvanized steel is the largest end-use sector for zinc, the measures directly affect export costs and competitiveness, potentially impacting Australia’s domestic zinc demand and supply chain. Maintaining the duties would provide some protection for domestic steel and coating capacity, while termination could increase low-priced imports and affect regional zinc consumption. The final outcome remains subject to the authorities’ determination.
5 hours ago
Limited Ore Offers Persist as Winter Demand Continues, Chinese Smelters Procure Imports Amid Low Treatment Charges
5 hours ago
Limited Ore Offers Persist as Winter Demand Continues, Chinese Smelters Procure Imports Amid Low Treatment Charges
Read More
Limited Ore Offers Persist as Winter Demand Continues, Chinese Smelters Procure Imports Amid Low Treatment Charges
Limited Ore Offers Persist as Winter Demand Continues, Chinese Smelters Procure Imports Amid Low Treatment Charges
Market offers from ore traders remained limited this week, while winter stocking demand persisted. Some Chinese smelters continued to inquire about and procure imported concentrates for Q4, with market treatment charges remaining at low levels.
5 hours ago
Northwest China Zinc Mine Offers September Tender at -RMB 2,800/mt; SMM to Track Treatment Charges
5 hours ago
Northwest China Zinc Mine Offers September Tender at -RMB 2,800/mt; SMM to Track Treatment Charges
Read More
Northwest China Zinc Mine Offers September Tender at -RMB 2,800/mt; SMM to Track Treatment Charges
Northwest China Zinc Mine Offers September Tender at -RMB 2,800/mt; SMM to Track Treatment Charges
According to SMM, a zinc mine in Northwest China offered a September self-pickup tender price of around -RMB 2,800/metal tonne this week. SMM will continue to monitor changes in treatment charges.
5 hours ago