Chinese Zinc Smelters Hike Zinc Concentrate TCs, SMM Reports

Published: Jul 3, 2017 11:24

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Some Chinese zinc smelters hiked TCs due to more supplies and less desire for ores, SMM understands.

SHANGHAI, Jul. 3 (SMM) – Some Chinese zinc smelters hiked TCs due to more supplies and less desire for ores, SMM understands.

Zinc Prices to Strengthen This Week, SMM Foresees

TCs in Yunnan, Inner Mongolia and Guangxi increased 50-300 yuan per tonne (zinc content) last week. Deals made below 3,800 yuan per tonne (zinc content) were fewer.

Zinc Inventories Pull back in China Major Markets, SMM Reports

TCs of domestic zinc concentrate (50%) were mainly traded at 3,900-4,400 yuan per tonne (zinc content) last week, according to SMM data. TCs for imported zinc concentrate (50%) were traded at $55-60 per dry metric tonne (DMT).

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TCs of domestic zinc concentrate TCs of imported zinc concentrate zinc prices zinc concentrate supply zinc output

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.

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