[July 21 SMM Zinc Industry Core data] spot quotations, import profits and losses, inventory, processing fees for zinc

In recent years, spot premiums in the European zinc market have shown significantly greater volatility amid fluctuations in energy costs, regional supply-demand mismatches, frequent temporary smelter curtailments, and shifts in inter-regional trade flows. As one of Europe’s most important hubs for non-ferrous metals logistics, warehousing and spot trade, Rotterdam has long played a key role in the distribution, storage and circulation of imported refined zinc in Europe......

[Zinc Market Update] Recently, overseas zinc prices rose more than domestic prices, and the domestic-to-overseas price ratio continued to deteriorate, drawing increased market attention to the zinc ingot export window. According to SMM estimates, China's zinc ingot import losses exceeded 3,700 yuan/mt today. If losses continue to widen, China's zinc ingot export window may open accordingly.

[Australian Refinery Fire Sparks Zinc Ore Supply Concerns] According to SMM, a fire broke out at the Viva Energy refinery in Geelong, Victoria, Australia, at around 11 PM on April 15, causing a partial shutdown. The refinery is one of only two still operating in Australia, supplying approximately 50% of Victoria's fuel and 10% of the nation's total fuel demand. Given the uncertain production situation and Australia's long-term dependence on diesel imports, the incident sparked market concerns over Australian lead and zinc ore supply. Zinc prices briefly surged above $3,400/mt. Subsequent attention will focus on Australian zinc concentrates production and transportation conditions.