Domestic zinc concentrate supply has tightened this year as COVID-19 drove mining companies across Peru and Mexico to halt production. This, combined with sharp declines in domestic zinc concentrate production, lowered treatment charges (TCs) from a high seen early this year. Large quantities of shipments from other countries pushed China’s zinc concentrate imports to a record high in April.
#Analysis: Macro factors have pushed zinc prices to remain firm, how will zinc fundamentals change in H2?
