Let’s See How Much China Listed Zinc Producers Gain after Zinc Price Surge, SMM Reports

Published: Aug 10, 2017 16:34 (GMT+8)

Save

Chinese listed zinc companies jumped by an average of 35% from early June 2017 because of surging zinc prices, SMM said.

SHANGHAHI, Aug. 10 (SMM) – Chinese listed zinc companies jumped by an average of 35% from early June 2017 because of surging zinc prices, SMM said.

SMM finds eight listed zinc companies gained noticeably. Let’s take a look at them.

What Happens to Zinc Smelters in Sichuan after Double Whammy from Environmental Protection and Earthquake? SMM Reports

Chihong Zn & Ge rose about 41% from early June, Zhuzhou Smelter Group gained 38%, Tibet Summit Resources increased 45%, Zhongjin Lingnan Nonfemet rose 29%, Xingye Mining climbed 28%, Jianxin Mining climbed 33.81%, Yunnan Luoping Zinc & Electricity Co. rose 19.68% and Huludao Zinc Industry Co. leapt 38%.

Imported Zinc Prices Catch up with Domestic Zinc on Supply Shortfalls, Discounts Expand in Guangdong, SMM Reports

SHFE zinc price rose about 14% in the first half of 2017. Zinc ore production decreased due to lower ore grade, environmental protection and weather reasons. Output at zinc smelters fell in response. Domestic zinc smelters were also affected by maintenance and environmental protection. At the same time, imported zinc ore and zinc ingot were also less than expected. These reasons are the most important reason driving up zinc prices, SMM said.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

zinc smelters zinc output zinc refined zinc output zinc ore zinc concentrate zinc price

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 for 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

14 hours ago

Zinc Concentrate Inventories at China's Main Ports Drop by 40,000 MT WoW

[Port Zinc Concentrate Market] According to SMM data, zinc concentrate inventories at China's main ports totaled 257,000 mt in physical content this week, down 40,000 mt WoW, with Fangchenggang accounting for the bulk of the decline. Market sources indicate that spot cargoes at ports are currently limited, with few port spot offers reported recently and overall trading activity remaining sluggish.

14 hours ago

National Day Holiday Reduces Zinc Concentrate Offers, Winter Stockpiling Continues Amid Falling TCs

[Imported Zinc Concentrate Market] With the National Day holiday approaching, fewer traders offered cargoes this week, but winter stockpiling demand persisted. Smelters made purchases as needed, and overall transactions in the imported ore market continued. Imported ore TCs maintained their downward trend.

14 hours ago

Southwestern China Mine Sets October Zinc Concentrate Tender at -2,300 yuan/mt Metal Content

[Zinc Concentrate Tender] According to SMM, a mine in southwestern China recently set its October zinc concentrate tender price at approximately -2,300 yuan/mt in metal content on an Ex-warehouse basis. SMM will continue to monitor subsequent changes in TCs.

14 hours ago