Zinc, lead TCs creep higher as more mined tonnage hits market

August 03, 2021 / www.metalbulletin.com / Article Link

Zinc and lead concentrate treatment charges (TCs) rose toward the end of July due to more mined tonnage hitting the market and pushing terms higher.

Fastmarkets' assessment of zinc spot concentrate TC, cif China was $78-90 per tonne on Friday July 30, up from $75-88 per tonne three weeks earlier, and its highest level since last October.Terms have gradually increased since Chinese smelters took extended summer maintenance breaks from purchasing, but market participants were confident an equilibrium of high metal prices, high premiums and low TCs can hold out a little longer."They will keep stable in the short-to-medium term, primarily because, overall, prices are quite high and smelters are doing pretty well in terms of bonuses. Acid prices are also pretty high, so the low TCs are being compensated by the other value-added levers," a producer source said.The three-month zinc price on the London Metal Exchange closed at $3,031 per tonne on July 30, above...

Recent News

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok