SHANGHAI, Jul. 24 (SMM) - TCs of domestic zinc concentrate (50%) were mainly traded at 3,900-4,400 yuan per tonne (zinc content) last week, almost unchanged on a weekly basis, according to SMM data.
Zinc Inventories Return to Declines in China Major Markets, SMM Reports
TCs for imported zinc concentrate (50%) were traded at $50-60 per dry metric tonne.
Zinc Prices to Continue to Fluctuate at High Levels This Week, SMM Foresees
Lower ore grade at some mines in Inner Mongolia affected output at their dressing plants, SMM noted. Some regions hiked TCs since zinc smelters lacked interest in hoarding raw material inventories.
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