Monthly Zinc Market Report Jun 2024
2024-07-10 09:34:10 【Print】
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1 Market Highlights
In June, most sellers of zinc ingot lowered prices to promote sales due to weak demand in the first half of this month then lifted prices in the second half of this month driven by high production cost. But most buyers held back from purchasing due to soft demand.
In June, the supply of zinc concentrate remained tight. Most suppliers decreased TCs further as most buyers sent inquiries actively, prices of zinc concentrate followed those of zinc ingot.
The mainstream prices of zinc die-casting alloy, zinc powder and zinc oxide followed those of zinc ingot, with TCs for zinc die-casting alloy and zinc powder unchanged.
In June, most sellers of zinc ingot lowered prices to promote sales due to weak demand in the first half of this month then lifted prices in the second half of this month driven by high production cost. But most buyers held back from purchasing due to soft demand.
In June, the supply of zinc concentrate remained tight. Most suppliers decreased TCs further as most buyers sent inquiries actively, prices of zinc concentrate followed those of zinc ingot.
The mainstream prices of zinc die-casting alloy, zinc powder and zinc oxide followed those of zinc ingot, with TCs for zinc die-casting alloy and zinc powder unchanged.