Zinc: Retesting support

November 26, 2019 / www.metalbulletinresearch.com / Article Link

Chinese smelters maximise output on favourable TCs
The latest customs figures showed China’s imports of zinc concentrate totalled 250,046 tonnes in October, up 21% year on year. This helped to raise the year-to-date import volume to 2.506 million tonnes, a 3.7% increase over the first ten months last year. With TCs still strong, we would not be surprised to see concentrate imports continue to rise, with some winter closures set to reduce domestic mine production in the short term.

Imports of refined metal totalled 40,900 tonnes, up 31% on the previous month. But they dropped by 49.3% on...

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