Monthly Zinc Market Report Aug 2021
2021-09-12 21:14:35 【Print】
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In August, as the supply of zinc ingot decreased under the power control in some provinces, the mainstream prices of zinc ingot went up with fluctuation in general. The market witnessed limited deals under the watchful attitudes of consumers and the release of third batch of national zinc reserves.
TCs of zinc concentrate went up while the zinc concentrate supply remained tight in China, but the transaction decreased under the power rationing and smelters reduced output of zinc ingot. The imported zinc concentrate supply increased slightly in August.
Prices for zinc die-casting alloy, zinc oxide and zinc powder went up with fluctuation following those for raw material zinc ingot. Market also saw limited deals as zinc die-casting alloy market stayed in the off season and consumers held watchful attitudes under flat demand for zinc ingot but hearing the release of third batch of national zinc reserves. With strong demand for zinc powder, the market saw increased deals.
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TCs of zinc concentrate went up while the zinc concentrate supply remained tight in China, but the transaction decreased under the power rationing and smelters reduced output of zinc ingot. The imported zinc concentrate supply increased slightly in August.
Prices for zinc die-casting alloy, zinc oxide and zinc powder went up with fluctuation following those for raw material zinc ingot. Market also saw limited deals as zinc die-casting alloy market stayed in the off season and consumers held watchful attitudes under flat demand for zinc ingot but hearing the release of third batch of national zinc reserves. With strong demand for zinc powder, the market saw increased deals.
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