Monthly Zinc Market Report Feb 2024
2024-03-06 09:58:50 【Print】
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1 Market Highlights
In the first half of February, most end users left the market for Spring Festival, the market saw sparse deals, prices of zinc ingot moved down; In the second month of February, most buyers came back to the market after holiday and started procurement, prices of zinc ingot moved up.
In February, the supply of zinc concentrate remained tight. Most suppliers kept basic TCs stable this month due to Spring Festival, and prices of zinc concentrate followed those of zinc ingot.
The mainstream prices of zinc die-casting alloy and zinc powder followed suite, with TCs for zinc die-casting alloy and zinc powder unchanged. The mainstream prices of zinc oxide edged down due to soft demand.
In the first half of February, most end users left the market for Spring Festival, the market saw sparse deals, prices of zinc ingot moved down; In the second month of February, most buyers came back to the market after holiday and started procurement, prices of zinc ingot moved up.
In February, the supply of zinc concentrate remained tight. Most suppliers kept basic TCs stable this month due to Spring Festival, and prices of zinc concentrate followed those of zinc ingot.
The mainstream prices of zinc die-casting alloy and zinc powder followed suite, with TCs for zinc die-casting alloy and zinc powder unchanged. The mainstream prices of zinc oxide edged down due to soft demand.
