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