Home / Metal News / Zinc Imports Return to Profitability, Will This Help Ease Supply Tightness? SMM Reports

Zinc Imports Return to Profitability, Will This Help Ease Supply Tightness? SMM Reports

iconAug 18, 2017 19:46
Source:SMM
The SMM/LME zinc price ratio averaged 8.45 this past week, up from 8.37 a week earlier, turning import losses to premiums of 225-584 yuan per tonne.

SHANGHAI, Aug. 18 (SMM) – The SMM/LME zinc price ratio averaged 8.45 this past week, up from 8.37 a week earlier, turning import losses to premiums of 225-584 yuan per tonne.

WBMS: World Zinc Deficit Deteriorate Sharply January-June

The import profit window reopened this past week, and more inflows of imported zinc are expected next week.

CNMC Signs MOU with Australia Zinc Explorer on Lead-Zinc Mine Project

 Nonetheless, this will barely help alleviate supply tightness in the near term because domestic supply deficit is very severe, SMM said. 

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

zinc imports
zinc prices
zinc inventories
LME zinc
SHFE zinc

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All