"SMM Zinc Industry chain Weekly report" released, the weekly report SMM will select the hot topics, prices, market or major changes in the industry chain information released into a document for your reference.

The following is an excerpt from the weekly report of the zinc industry chain:

Zinc market forecast next week: as far as Shanghai zinc is concerned, the trend of zinc prices in Shanghai will remain wide and fluctuating this week, the tension in Sino-US relations will intensify, and the macro mood will be negative. It will be difficult for Shanghai zinc to hold the Wan Ba barrier. Next week, the influencing factors of macro mood may be greater than the fundamentals. On the supply side next week, there are no new variables compared with this week, but mining and metallurgical negotiations are continuing, and another rise in zinc concentrate processing fees will boost the smelter's willingness to produce. In addition, the import loss narrowed slightly this week, and some zinc was imported into the market. Although it is difficult to open the import window next week, if the import loss narrows again, the inflow of imported zinc will still increase. From the consumer point of view, the current galvanized plate orders are the main support of the consumer side, relatively stable and improved, alloy and zinc oxide also have signs of external demand warming. On the whole, the efforts to remove the treasury since July are relatively strong, and the recovery of downstream consumption is more significant. On the technical side, MACD indicators want to become a dead fork, indicating that Shanghai zinc may be able to move down, but the lower 10-day moving average support is stronger, Shanghai zinc is expected to maintain a range shock next week. Still need to pay attention to the macro impact on the price of zinc. Overall, Lun Zinc is expected to run at 2170-2240 US dollars / ton next week; Shanghai Zinc 2009 contract is expected to run at 17500-18200 yuan / ton, and the spot is expected to rise around 40-18200 yuan / ton in August.

Processing fees: the processing fees of zinc concentrate in various regions have been steadily increased, and the supply of domestic zinc concentrate is relatively stable. According to SMM research, the negotiations on processing fees for domestic mines and smelters began in August, and it is expected that the overall domestic zinc concentrate smelter processing fee adjustment is still relatively large, with a general adjustment range of 200 yuan per metal ton. However, it is understood that the prices of mainstream miners in the market are still concentrated at 160 US dollars per dry tonne. Due to the current inventory level is still good, the intended transaction price of refineries is more than 180 US dollars. Relatively speaking, there are relative differences between trade and smelters. Follow-up attention with the increase in domestic zinc concentrate processing fees, import processing fees follow how.

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Catalogue of "SMM Zinc Industry chain Weekly report" in this issue

Main points of this weekly report: processing fees, import profit and loss inventory

Hot spots in the zinc industry: the return of Shanghai zinc to the top of Wan Ba has a significant impact on macro-emotion.

Zinc concentrate market: the processing fees of zinc concentrate in various regions have been steadily increased and the supply of domestic zinc concentrate is relatively stable.

Refinery dynamics

Imported zinc market: internal and external price comparison remains stable and the import window needs to be helped to open.

Zinc City predicts next week: macro risks in strengthening Sino-US Relations it is expected that zinc prices will not continue to rise.

Review of Zinc City: friction between China and the United States resumes and the fluctuation of zinc prices in the two cities intensifies

Galvanizing: some terminal projects have resumed in some areas, and automobile sales are still improving.

Die-casting zinc alloy: it will take time for export orders to recover slightly and improve substantially

Zinc oxide: domestic demand supports smooth start-up of zinc oxide

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[China Zinc Industry chain High-end report] SMM exclusive monthly survey of zinc industry chain report, covering from zinc concentrate to zinc primary consumer operating rate and supply and demand profile. And announce the exclusive monthly zinc concentrate, refined zinc balance, continue to track the industry entity enterprises, update data. And through the supply and demand situation and data model to make a simple prediction of the future trend of zinc. "View details