Monthly Zinc Market Report August 2023
2023-09-08 08:11:07 【Print】
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1 Market Highlights
Supported by positive attitudes from most market participants, the mainstream prices of Chinese zinc ingot showed uptrend in August.
In August, though most consumers purchased from hand to mouth with sufficient inventories of imported zinc concentrate, basic TCs for zinc concentrate remained stable during the whole month. Most oversea suppliers of imported zinc concentrate lowered TCs for import zinc concentrate due to tight supply.
In August, the demand of zinc die-casting alloy, zinc powder and zinc oxide maintained stable, supported by increased prices of raw material, the prices of them showed uptrend, but TCs for zinc die-casting alloy and zinc powder kept flat.
Supported by positive attitudes from most market participants, the mainstream prices of Chinese zinc ingot showed uptrend in August.
In August, though most consumers purchased from hand to mouth with sufficient inventories of imported zinc concentrate, basic TCs for zinc concentrate remained stable during the whole month. Most oversea suppliers of imported zinc concentrate lowered TCs for import zinc concentrate due to tight supply.
In August, the demand of zinc die-casting alloy, zinc powder and zinc oxide maintained stable, supported by increased prices of raw material, the prices of them showed uptrend, but TCs for zinc die-casting alloy and zinc powder kept flat.
