ZINC CONC SNAPSHOT: Rising trend in TCs continues as more mined tonnages reach the market

Zinc concentrate treatment charges (TCs) edged higher in mid-June, with more material from mines in China and elsewhere boosting supplies, while the power cut problems that affected smelters in Yunnan province are seemingly resolved.

  • Terms rise with smelters well-covered
  • Tenders hit solid market prices
  • Mining output rise boosts supply
Fastmarkets' zinc spot concentrate TC, cif China rose to $70-85 per tonne on Friday June 11 from $68-85 per tonne two weeks earlier.

Traders were bidding less aggressively for tonnages offered on the spot market by mining companies, with one cargo from a concentrate brand regarded as "top quality" said to have been sold at $70 per tonne. The cargo was priced...

Published

Archie Hunter

June 14, 2021

12:59 GMT

London