China Refined Zinc Output Posts Remarkable Decline in May, SMM Reports

Published: Jun 9, 2017 10:20

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China’s refined zinc output was 407,000 tonnes in May, down 1.5% on the month and 10.4% year-on-year, according to SMM data.

SHANGHAI, Jun. 9 (SMM) - China’s refined zinc output was 407,000 tonnes in May, down 1.5% on the month and 10.4% year-on-year, according to SMM data.

Refined zinc production in the first five months of 2017 totaled 2.118 million tonnes, a drop of 3.6% year-on-year.

SMM Analysis: Why China Unwrought Copper and Copper Semis Imports Jump 30% in May?

Some zinc smelters undertook maintenance in May. This affected some 35,000 tonnes of zinc output, SMM said.

Hanzhong Zinc Industry Co., Yuguang Zinc Industry Co., Hongda Group, Shaanxi Zinc Industry Co., Yuntong Zinc Co. and Sichuan Sihuan Electrolytic Zinc Co. returned to production from maintenance, though.

Zinc Spot Premiums Expand in Shanghai as Supplies Tighten, SMM Reports

China’s refined zinc output is expected to recover in June, SMM predicts.

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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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