China Zinc Concentrate TCs to Fall despite Surge in Imports in August, SMM Says

Published: Sep 26, 2017 15:19
Zinc concentrate TCs in China are still set to fall in the near term due to ore supply tightness, SMM predicts.

SHANGHAI, Sept. 26 (SMM) – Zinc concentrate TCs in China are still set to fall in the near term due to ore supply tightness, SMM predicts.

Some Zinc Mines in Sichuan Remain Closed after Environmental Protection Inspections

Zinc concentrate imports jumped 37% on the month to 226,800 tonnes in August, but zinc ore supplies in China are still limited. Meanwhile, zinc smelters in north China began to hoard stocks for winter production. These reasons will push down zinc concentrate TCs, SMM said. 

WBMS: World Zinc Deficit Deteriorates Drastically during Jan-Jul

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

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 to learn 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
Data: SHFE, DCE market movement (Feb 09)
32 mins ago
Data: SHFE, DCE market movement (Feb 09)
Read More
Data: SHFE, DCE market movement (Feb 09)
Data: SHFE, DCE market movement (Feb 09)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 09 Feb , 2026
32 mins ago
Driven by LME, SHFE Zinc Rises [SMM Zinc Morning Comment]
7 hours ago
Driven by LME, SHFE Zinc Rises [SMM Zinc Morning Comment]
Read More
Driven by LME, SHFE Zinc Rises [SMM Zinc Morning Comment]
Driven by LME, SHFE Zinc Rises [SMM Zinc Morning Comment]
[SMM Zinc Morning Comment] Last Friday, the most-traded SHFE zinc 2604 contract opened at 24,575 yuan/mt. At the beginning of the session, it quickly fell to a low of 24,450 yuan/mt. Subsequently, as bulls increased their positions, the contract fluctuated upward and touched a high of 24,660 yuan/mt toward the end of the session, eventually closing up at 24,600 yuan/mt, an increase of 110 yuan/mt or 0.45%. Trading volume decreased to 230.69 million lots, while open interest rose by 405 lots to 74,591 lots.
7 hours ago
Macro sentiment remains favorable, LME zinc rises [SMM Morning Meeting Minutes]
7 hours ago
Macro sentiment remains favorable, LME zinc rises [SMM Morning Meeting Minutes]
Read More
Macro sentiment remains favorable, LME zinc rises [SMM Morning Meeting Minutes]
Macro sentiment remains favorable, LME zinc rises [SMM Morning Meeting Minutes]
[SMM Morning Meeting Summary: Macro Sentiment Remains Positive, LME Zinc Rises] Last Friday, the LME zinc contract opened at $3,280/mt. In early trading, it briefly dipped to a low of $3,262.5/mt, then fluctuated upward as bulls increased their positions. During the night session, it surged rapidly to a high of $3,387.5/mt, finally closing up at $3,383/mt, a gain of $84.5/mt (up 2.56%). Trading volume increased to 9,286 lots, and open interest rose by 708 lots to 230,000 lots.
7 hours ago