ILZSG: Global Refined Zinc Consumption Outstrips Output in July

Published: Sep 14, 2017 16:51

Save

Global refined zinc consumption was higher than output in July, the International Lead and Zinc Study Group (ILZSG) said in a report.

SHANGHAI, Sept. 14 (SMM) – Global refined zinc consumption was higher than output in July, the International Lead and Zinc Study Group (ILZSG) said in a report.

LME Zinc Prices Plunge after Surge in LME Zinc Inventories? SMM Reports

Global refined zinc consumption was 1.134 million tonnes in July, while output was 1.108 million tonnes.

LME Zinc Net Longs Decline to 2-Month Low

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

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

International Lead and Zinc Study Group (ILZSG)refined zinc refined zinc consumption zinc demand zinc

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

2 mins ago

Downstream Caution Amid High Prices Reduces Inquiries, Spot Trading Sentiment Sluggish During the Week [SMM Shanghai Spot Weekly Review]

[Downstream cautious at highs with fewer inquiries; spot trading sentiment subdued this week]: This week, the average spot premium in Shanghai rose by 15 yuan/mt WoW. As of Friday this week, ordinary domestic brands were quoted at a discount of 50-40 yuan/mt against the 2610 contract, while the high-priced Shuangyan brand had no quotes against the 2610 contract.

2 mins ago

3 mins ago

Zinc futures prices rose significantly, while spot premiums remained in the doldrums [SMM Ningbo Spot Weekly Review]

[Zinc futures prices rise notably, spot premiums in the doldrums]: This week, Ningbo spot premiums consolidated, with the average price up 10 yuan/mt WoW. As of this Friday, Ningbo spot prices against the 2610 contract were quoted at a discount of 55 yuan/mt, and at a premium of 45 yuan/mt against the Shanghai premium.

3 mins ago

16 mins ago

Consumption remains sluggish; operating rates of galvanising producers stay low [SMM galvanising weekly review]

[Consumption remains sluggish; galvanising operating rates stay low]: This week, the operating rate of the galvanising industry was 51.80%, up 0.17 percentage points WoW. Raw material side, zinc prices continued to consolidate at highs this week. Downstream acceptance of high prices was limited, with procurement mainly need-based and a strong wait-and-see sentiment. Raw material inventory stayed at low levels overall, with limited willingness to stockpile.

16 mins ago