Monthly Zinc Market Report May 2024
2024-06-11 09:17:37 【Print】
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1 Market Highlights
In May, most market participants held bullish attitudes, prices of zinc ingot moved up further this month, but most buyers held back from purchasing due to high level prices.
In May, the supply of zinc concentrate remained tight. Most suppliers decreased TCs further as most buyers sent inquiries actively, prices of zinc concentrate followed those of zinc ingot.
The mainstream prices of zinc die-casting alloy, zinc powder and zinc oxide followed suite, with TCs for zinc die-casting alloy and zinc powder unchanged.
In May, most market participants held bullish attitudes, prices of zinc ingot moved up further this month, but most buyers held back from purchasing due to high level prices.
In May, the supply of zinc concentrate remained tight. Most suppliers decreased TCs further as most buyers sent inquiries actively, prices of zinc concentrate followed those of zinc ingot.
The mainstream prices of zinc die-casting alloy, zinc powder and zinc oxide followed suite, with TCs for zinc die-casting alloy and zinc powder unchanged.