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Spot zinc concentrate TCs to go up in 2018
Glencore’s 2018 zinc output forecast at 1.09 million mt was below market expectations, giving support to the zinc market.
SHANGHAI, Dec 22 (SMM) – Glencore’s 2018 zinc output forecast at 1.09 million mt was below market expectations, giving support to the zinc market.
SMM maintains our view that spot zinc concentrate treatment charges (TCs) would go up in 2018. As of Friday last week, spot zinc concentrate TCs stood at $15/mt, up 20% from the previous week.
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