China Zinc Output Skyrockets in June, SMM Reports

Published: Jul 7, 2017 21:15

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China’s refined zinc output jumped 8.8% on-month to 457,000 tonnes in June, but declined 0.8% on a yearly basis, according to SMM data.

SHANGHAI, Jul. 7 (SMM) - China’s refined zinc output jumped 8.8% on-month to 457,000 tonnes in June, but declined 0.8% on a yearly basis, according to SMM data.

China’s refined zinc output in the first six months of the year was 2.59 million tonnes, a drop of 2.52% on a yearly basis.

Zinc production shot up in June because some zinc smelters’ output recovered after maintenance and environmental protection checks. Besides, their profit rose due to higher domestic zinc concentrate TCs. The high reservoir level also inspired their production.

China Zinc Smelters Step up Production in June, SMM Reports

Zinc smelters in Huayuan County, Hunan posted big gains in output. Guangxi Hechi Nanfang Nonferrous Metals, Shaanxi Dongling Industry & Trade Group and Western Mining Co. finished maintenance. Huludao Zinc Industry also completed maintenance. So, their output increased. Yunnan Luoping Zinc & Electricity Co. stepped up production during high-water period. Moreover, zinc prices were high, and this also stimulated their production.

China Base Metal Output Data in June 2017, SMM Exclusive Data

China’s refined zinc output will remain stable in July, SMM foresees.

SMM revised China's refined zinc output in May to 419,700 tonnes.

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Zinc Output zinc production operating rate zinc smelter

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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