Zinc Smelters to Hike Zinc Concentrate TCs, SMM Reports

Published: Jun 26, 2017 14:19 (GMT+8)

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Chinese Zinc smelters intend to hike TCs for next month due to cash tightness, SMM understands.

SHANGHAI, Jun. 26 (SMM) – Chinese Zinc smelters intend to hike TCs for next month due to cash tightness, SMM understands.

TCs of domestic zinc concentrate (50%) were mainly traded at 3,900-4,400 yuan per tonne (zinc content) last week, according to SMM data. Domestic zinc concentrate TCs in China were almost unchanged.

Zinc Prices to Hold Strong This Week, SMM Foresees

TCs for imported zinc concentrate (50%) were traded at $55-60 per dry metric tonne (DMT).

Zhuzhou Smelter to Build 8-10 Bln Yuan Copper-Lead-Zinc Base

Operating rates at some mines were low, but purchases by zinc smelters were also quiet, SMM said.

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TCs of domestic zinc concentrate TCs of imported zinc concentrate zinc prices zinc concentrate supply zinc output

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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