China Zinc Concentrate TCs Hold Stable on Ore Tightness in August, SMM Reports

Published: Jul 31, 2017 11:57
SMM quotes for TCs were stable in August compared to July due mainly to ore supply tightness and higher profit at zinc smelters.

SHANGHAI, Jul. 31 (SMM) – SMM quotes for TCs were stable in August compared to July due mainly to ore supply tightness and higher profit at zinc smelters.

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 Add in China Major Markets, SMM Reports

TCs for imported zinc concentrate (50%) were traded at $50-60 per dry metric tonne.

Fundamentals to Keep Zinc Prices High This Week, SMM Foresees

Zinc ore supplies in some regions were still tight, underpinning TCs, SMM explained. 

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 to learn 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
Boliden Reports Q1 2026 Zinc Concentrate Production Down 3% QoQ, Impacted by Earthquake and Heavy Rainfall
1 hour ago
Boliden Reports Q1 2026 Zinc Concentrate Production Down 3% QoQ, Impacted by Earthquake and Heavy Rainfall
Read More
Boliden Reports Q1 2026 Zinc Concentrate Production Down 3% QoQ, Impacted by Earthquake and Heavy Rainfall
Boliden Reports Q1 2026 Zinc Concentrate Production Down 3% QoQ, Impacted by Earthquake and Heavy Rainfall
[Zinc Concentrate Production Information] On April 28, Boliden released its Q1 2026 report. Data showed that its zinc concentrates production in the quarter was 89,200 mt, down 3% QoQ. By mine, Tara mine's Q1 zinc concentrates production was 17,400 mt, up 14% QoQ; Garpenberg's Q1 zinc concentrates production was 19,300 mt, down 26% QoQ, mainly due to an earthquake deep in the mine on March 14 that severely affected the Lappberget ore body; The Boliden Area's Q1 zinc concentrates production was 8,800 mt, up 4% QoQ; Zinkgruvan's Q1 zinc concentrates production was 17,500 mt, up 23% QoQ; Somincor's Q1 zinc concentrates production was 25,900 mt, down 5% QoQ, mainly due to the negative impact of heavy rainfall, with milling volume lower than the previous quarter.
1 hour ago
Zinc Prices Rebounded from Lows in April — What's the Outlook for May?
2 hours ago
Zinc Prices Rebounded from Lows in April — What's the Outlook for May?
Read More
Zinc Prices Rebounded from Lows in April — What's the Outlook for May?
Zinc Prices Rebounded from Lows in April — What's the Outlook for May?
As of April 30, the most-traded SHFE zinc contract closed at 23,645 yuan/mt, up 165 yuan/mt for the month, a gain of 0.7%. Zinc prices rebounded from lows in April, touching a low of 23,430 yuan/mt at the beginning of the month and a high of 24,515 yuan/mt at month-end, though the overall price center pulled back. Heading into May, with the tight domestic ore supply situation persisting, how will zinc prices perform?
2 hours ago
Zinc Concentrate TCs Continue to Decline, SHFE Zinc Fluctuates at Highs [SMM Zinc Futures Brief]
2 hours ago
Zinc Concentrate TCs Continue to Decline, SHFE Zinc Fluctuates at Highs [SMM Zinc Futures Brief]
Read More
Zinc Concentrate TCs Continue to Decline, SHFE Zinc Fluctuates at Highs [SMM Zinc Futures Brief]
Zinc Concentrate TCs Continue to Decline, SHFE Zinc Fluctuates at Highs [SMM Zinc Futures Brief]
[TCs Continued to Decline, SHFE Zinc Fluctuated at Highs]: The most-traded SHFE zinc 2606 contract opened at 24,200 yuan/mt. After the opening, SHFE zinc fluctuated around the daily average line, touching a low of 24,105 yuan/mt during the session and reaching a high of 24,305 yuan/mt near the close, ultimately closing higher at 24,285 yuan/mt.
2 hours ago
China Zinc Concentrate TCs Hold Stable on Ore Tightness in August, SMM Reports - Shanghai Metals Market (SMM)