Monthly Zinc Market Report Nov 2021
2021-12-12 21:04:02 【Print】
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The mainstream prices of zinc ingot decreased with fluctuation in a whole this month, and the spot market witnessed increased deals under the decreased prices of zinc ingot. Concerning to the huge prices movements in last month, consumers purchased more cautiously and watched the market when the prices edged up at the end of this month. Tianjin Market saw decreased supply this month under the transportation limits that caused by COVID-19 in North China and the heavy snow, while the supply of Guangdong market went up as smelters in Yunnan and Guangxi finished power control from the end of last month.
TCs of zinc concentrate went down slightly at the end of November as zinc ingot smelters in North China planned to build stocks for the winter and purchased actively, led to the increased transactions in spot market. The TCs of imported zinc concentrate decreased slightly as suppliers stayed reluctant to sell under the decreased prices of zinc ingot, but the market saw increased deals in a whole considering the need of domestic smelters to build stocks. What's more, producers of zinc concentrate overseas remained stable output in general at the moment under the break of Omicron.
Prices for zinc die-casting alloy, zinc oxide and zinc powder went down with fluctuation following those for raw material zinc ingot. The spot market of zinc alloy and zinc oxide also witnessed increased deals under decreased prices of raw material and watchful attitudes of consumers. The consumption of zinc powder decreased slightly this month, but the deals climbed in spot market in November under the decreased prices of raw material.
TCs of zinc concentrate went down slightly at the end of November as zinc ingot smelters in North China planned to build stocks for the winter and purchased actively, led to the increased transactions in spot market. The TCs of imported zinc concentrate decreased slightly as suppliers stayed reluctant to sell under the decreased prices of zinc ingot, but the market saw increased deals in a whole considering the need of domestic smelters to build stocks. What's more, producers of zinc concentrate overseas remained stable output in general at the moment under the break of Omicron.
Prices for zinc die-casting alloy, zinc oxide and zinc powder went down with fluctuation following those for raw material zinc ingot. The spot market of zinc alloy and zinc oxide also witnessed increased deals under decreased prices of raw material and watchful attitudes of consumers. The consumption of zinc powder decreased slightly this month, but the deals climbed in spot market in November under the decreased prices of raw material.
