SMM5 9 / PRNewswire-Firstly
SMM China's refined zinc production in April 2020 was 479600 tons, an increase of 2.79 percent over the previous month or 13000 tons over the previous month, an increase of 4.02 percent over the same period last year. SMM research sample capacity of 6.085 million tons. In addition, the domestic SMM zinc refining output in China was revised to 466600 tons in March (restored by a refinery in Hunan), and the sample alloy output of the domestic refined zinc smelter in April was 74133 tons, an increase of 7.93% over the previous month, of which the output of hot-dip galvanized alloy was 59783 tons.
According to the SMM survey, the domestic refined zinc production in April is basically in line with the expectation of month-to-month increment. In April, the increment of domestic refined zinc was mainly concentrated in the overhaul from February to March and the resumption of production of refineries that stopped production last year, and the areas were mainly concentrated in Inner Mongolia and Gansu. In addition, due to the epidemic situation still had an impact on domestic inter-provincial logistics and transportation in March, the raw material supply of refineries in Yunnan, Shaanxi and other regions was affected to a certain extent, while in April, domestic logistics resumed and refinery production returned to normal, further driving the output up. On the other hand, the reduction is mainly affected by the maintenance of domestic refining zinc refineries, which are concentrated in Qinghai, Guangdong and Yunnan, and the output of refined zinc in China increased by 13000 tons in April compared with the previous month.
In May, affected by many factors, such as delayed delivery of overseas mines due to epidemic force majeure and low stock of raw materials in domestic refineries, the processing fee for domestic zinc concentrate has fallen to 5000 yuan / metal ton, the import processing fee has fallen to US $150 / dry ton, the profit of smelter enterprises has narrowed, and some refineries have chosen to advance the maintenance plan, in addition to the original planned maintenance (Yunnan, Gansu, Inner Mongolia, Guangxi, etc.). In May, the output of refined zinc in China fell by about 4500 tons compared with the previous month.
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