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

Published: Sep 26, 2017 15:19

Save

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.

TCs of domestic zinc concentrate TCs of imported zinc concentrate zinc prices zinc concentrate supply zinc output

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

6 hours ago

Fundamentals Intertwined with Bullish and Bearish Factors, SHFE Zinc to Maintain Fluctuating Trend [SMM Zinc Futures Brief Commentary]

[Fundamentals Present Mixed Signals; SHFE Zinc Maintained Fluctuating Trend] The most-traded SHFE zinc 2607 contract opened at 24,720 yuan/mt. After the opening, SHFE zinc dipped to a low of 24,675 yuan/mt. Subsequently, bulls increased their open interest, driving SHFE zinc continuously higher above the daily average line, reaching a high of 24,935 yuan/mt during the session. It finally closed up at 24,865 yuan/mt, gaining 200 yuan/mt or 0.81%. Trading volume increased to 49,676 lots, and open interest increased by 4,625 lots to 99,206 lots.....

6 hours ago

7 hours ago

Imported Zinc Concentrates See Limited Offers and Declining TCs Amid Few Transactions

[Imported Zinc Concentrates Market] According to market sources, offers for imported zinc concentrates were limited recently, with very few transactions completed during the week. In terms of overall offers, near-month shipment offers for ores with by-product metals were around -$70 to -$60/dmt, with TCs continuing their downward trend overall.

7 hours ago

Strong Demand for Domestic Zinc Concentrates Amid Unfavorable SHFE/LME Price Ratio

[Domestic Zinc Concentrates Market] According to market sources, the scrambling sentiment for ore raw materials remained strong recently. With the SHFE/LME zinc price ratio remaining unfavorable, smelters prioritized purchasing domestic zinc concentrates given the price advantage, and zinc concentrate TCs continued to decline across multiple regions in China.

7 hours ago