[SMM Weekly report selected] short-term shortage of zinc ore aggravates zinc concentrate processing fees. There is still room for reduction.

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

Zinc fundamental support is strong, March is in the period of the most shortage of domestic zinc mines, the situation of supply falling short of demand is more serious than a year ago, some enterprises reflect that it is difficult to demand a mine in the current market, a small amount of transactions are lower than the market price, and mining processing fees will maintain a downward trend. Due to the shortage of mines, it is expected that the refining zinc output of smelters will be difficult to return to the previous high in March, and smelters in some areas will be forced to control production under the compression of production profits. While the consumer side gradually warms up, downstream enterprises focus on buying stock stores at low prices, driving the zinc ingot community bank to take the lead in going to the warehouse. To sum up, zinc fundamentals are getting better and better, and zinc prices will be strong. It is expected that Lun zinc may run around 2730-2830 US dollars / ton next week, Shanghai zinc may run around 21000-22000 yuan / ton, and domestic zinc in Shanghai will quote a rise of 50-22000 yuan / ton in March.

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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 spot of zinc industry: low profits depress zinc ingot output in January refined zinc output slightly exceeded expectations

Zinc concentrate market: domestic zinc price accelerated decline domestic processing fee negotiations fell into anxiety

Refinery dynamics

Imported zinc market

Zinc market predicts next week: expected poor repair will push up zinc prices, but there may be no more bullish drivers next week.

Review of Zinc City

Zinc plating

Die casting zinc alloy

Zinc oxide

[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