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Home / Metal News / China Refined Zinc Supply in Shortages in September despite Big Output Growth, SMM Surveys

China Refined Zinc Supply in Shortages in September despite Big Output Growth, SMM Surveys

Sep 21, 2017 10:28

Source:SMM

China’s refined zinc supply remained in shortfalls in September despite higher output, SMM survey finds.

SHANGHAI, Sept. 21 (SMM) - China’s refined zinc supply remained in shortfalls in September despite higher output, SMM survey finds.

NBS: China Zinc Output Falls Noticeably in August

Domestic refined zinc output increased 4% on the month to 489,000 tonnes (including secondary zinc) in September.

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Meanwhile, consumption is also brisk during the high-demand season. Zinc consumption by downstream industries grew 3% on the month.

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SMM data showed that China's refined zinc output stood at 508,900 mt in August, down 1.22% on the month and 0.04% on the year. Output from January to August was 4.04 million mt, a year-on-year increase of 4.47%. Alloy output at domestic refined zinc smelters in SMM’s survey sample registered 75,500 mt in August, up 80 mt on the month.

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The average operating rate at Chinese zinc smelters was 69.4% in March, down 0.4 percentage point from February, according to an SMM survey. SMM adjusted capacity of survey sample to 6.19 million tonn

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China Refined Zinc Supply in Shortages in September despite Big Output Growth, SMM Surveys

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