SHANGHAI, Mar 27 (SMM) - The domestic zinc concentrate TCs for April are expected to dip 150 yuan/mt in metal content MoM to 4,900 yuan/mt, while TCs of imported zinc concentrate will drop $30/dmt to $210/dmt. Smelters ran at full capacity, and they restocked beforehand owing to the high profit margins. Market inquiries have begun to grow. However, spots at ports were low, and some holders were reluctant to sell, resulting in a drop in TCs.
Spot Zinc Concentrate TCs for April to Fall
The domestic zinc concentrate TCs for April are expected to dip 150 yuan/mt in metal content MoM to 4,900 yuan/mt.
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