China Refined Zinc Output Falls in July, but to Grow in August, SMM Says

Published: Aug 8, 2017 14:18

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China’s refined zinc output was 455,000 tonnes in July, down 1.66% on the month but up 1.62% on a yearly basis, SMM data showed.

SHANGHAI, Aug. 8 (SMM) – China’s refined zinc output was 455,000 tonnes in July, down 1.66% on the month but up 1.62% on a yearly basis, SMM data showed.

Refined zinc production totaled 3.051 million tonnes in the first seven months of the year, a drop of 1.73% year-on-year.

South Korea Zinc Exports Fall Remarkably in H1 2017, Imports Grow

Huludao Zinc Industry, Shaanxi Dongling Industry & Trade Group and Sihuan Zinc & Germanium finished maintenance cycle, SMM survey finds. Meanwhile, some zinc smelters, such as Yunnan Luoping Zinc & Electricity Company, stepped up production capitalizing on high-water period.

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

But, some other zinc smelters started maintenance in July. Despite high zinc prices and high profit, zinc production did not rise noticeably due to environmental protection and maintenance reasons.

After some smelters complete maintenance, China’s refined zinc output will grow in August, SMM predicts.

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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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