Monthly Zinc Market Report Dec 2021
2022-01-12 18:13:25 【Print】
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The mainstream prices of zinc ingot went up with fluctuation in a whole this month, and the spot market witnessed decreased deals considering the watchful attitudes of consumers to the market outlook of zinc ingot. The supply of zinc ingot in Shanghai market reduced due to some producers in Shaanxi reduced output under COVID-19, leading to higher prices compared to that of Tianjin market and Guangdong market. The consumption decreased in a whole as consumers purchased by needs under the high cost of raw material.
TCs of zinc concentrate went down slightly at the end of December as zinc ingot smelters in Inner Mongolia, Qinghai, Tibet, Gansu, Hebei and Shaanxi stopped production but consumers purchased actively for building stocks, led to the increased transactions in spot market. The TCs of imported zinc concentrate decreased slightly as owing to the limited supply, and the market saw flat deals in a whole considering the need of domestic smelters to build stocks but watchful attitudes of smelters to the imported zinc concentrate.
Prices for zinc die-casting alloy, zinc oxide and zinc powder went up with fluctuation following those for raw material zinc ingot. The spot market of zinc alloy and zinc oxide also witnessed decreased deals as prices of raw material increased and consumers held wait and see attitudes to the market. The consumption of zinc powder further decreased this month as entering into slack season and prices of raw material climbed, and the market saw decreased transactions this month.
TCs of zinc concentrate went down slightly at the end of December as zinc ingot smelters in Inner Mongolia, Qinghai, Tibet, Gansu, Hebei and Shaanxi stopped production but consumers purchased actively for building stocks, led to the increased transactions in spot market. The TCs of imported zinc concentrate decreased slightly as owing to the limited supply, and the market saw flat deals in a whole considering the need of domestic smelters to build stocks but watchful attitudes of smelters to the imported zinc concentrate.
Prices for zinc die-casting alloy, zinc oxide and zinc powder went up with fluctuation following those for raw material zinc ingot. The spot market of zinc alloy and zinc oxide also witnessed decreased deals as prices of raw material increased and consumers held wait and see attitudes to the market. The consumption of zinc powder further decreased this month as entering into slack season and prices of raw material climbed, and the market saw decreased transactions this month.
