MYMETAL: Chinese TCs for zinc concs up on rising supply
Jul 08, 2020 09:30
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Treatment charges for processing zinc concentrates in China started to rebound last week from their 19-month low, thanks to the recovery of production at domestic zinc mines and the steady arrival of overseas supplies, according to Mymetal’s latest survey. Mymetal is Mysteel’s data collection arm for non-ferrous products.
Average TCs for the southern part of China in provinces such as Central China’s Hunan and Southwest China’s Sichuan rebounded to Yuan 5,000/dwt ($713/t) as of July 3, up Yuan 100/dmt from the level they’d reached during mid- to late-June – the lowest since December 2018. In northern China, average