Данные по импорту и экспорту рафинированного цинка за апрель

[Domestic Ore Market] At the end of June, China's domestic smelters and mines began negotiations for July zinc concentrate TCs. The discussions were intense overall, with sellers reportedly still seeking reductions in July TCs. Final pricing for July is pending the outcome of next week's negotiations.

[Imported Concentrate Market] Bolivian transportation disruptions lingered this week, keeping imported ore offers relatively limited in the market. However, traders were strongly inclined to lower their quoted prices, with ordinary ore offers heard dropping to negative triple-digit levels. Yet persistently low SHFE/LME zinc price ratios kept smelters largely uninterested, resulting in overall sluggish transactions in the market this week.

[Shanghai Refined Zinc Market] Spot discounts for zinc ingot in Shanghai narrowed gradually this week. As SHFE zinc prices fell to lower levels, downstream enterprises showed strong buying sentiment and actively made purchases at favorable price points. Spot transactions in the Shanghai market improved significantly, driving zinc ingot premiums higher.