Zinc TC stable on lower smelter output

Published: Dec 18, 2017 16:53

Save

SMM estimates output from Chinese zinc smelters in December to drop 5.4% from November due to tighter concentrate supply and plant maintenance

SHANGHAI, Dec.18 (SMM)－SMM estimates output from Chinese zinc smelters in December to drop 5.4% from November due to tighter concentrate supply and plant maintenance. Zinc concentrate treatment charges (TC) are therefore forecast to be generally stable in December without momentum to go up.

According to our calculations, Chinese domestic zinc concentrate production in December is set to drop 1.4% year on year and 0.7% month on month due to mine suspensions and maintenance.

For the whole of 2017, output is set to fall 2.7% from the previous year.

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

zinc TC concentrate

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

8 hours ago

Economic Improvement of the Boumadine Polymetallic Mine in Morocco

8 hours ago

9 hours ago

Rising Fed Rate Hike Expectations and Zinc Inventory Buildup Weigh on SHFE Zinc【SMM Zinc Futures Review】

【Rising Fed Rate Hike Expectations and Renewed Zinc Inventory Buildup Weigh on SHFE Zinc】SHFE zinc 2611 contract opened at 26,555 yuan/mt, briefly edged up to 26,595 yuan/mt, then fluctuated lower to touch 26,280 yuan/mt. It closed at 26,335 yuan/mt, down 265 yuan/mt, or 1.00%, from the night-session close......

9 hours ago

US Fed rate hike expectations heat up, combined with zinc ingot social inventory shifting from decline to increase, SHFE zinc falls under pressure [SMM zinc futures review]

[Expectations for US Fed interest rate hikes intensify, combined with zinc ingot social inventory shifting from decline to increase, SHFE zinc falls under pressure] The daytime session of SHFE zinc 2611 contract opened at 26,555 yuan/mt, briefly rose to 26,595 yuan/mt in early trading, then drifted lower to a low of 26,280 yuan/mt, and finally closed at 26,335 yuan/mt, down 265 yuan/mt from the night session close, a decline of 1.00%. Trading volume increased to 58,201 lots, while open interest decreased by 108 lots to 128,000 lots......

9 hours ago