Zinc spot TCs remain at 2.5-year lows; Peru extends lockdown to Feb end

Spot zinc treatment charges (TCs) remained stable in mid-February in the run up to the Chinese New Year holidays, with smelter side activity muted in Asia.

Fastmarkets assessed the zinc spot concentrate TC, cif China at $70-85 per tonne on Friday February 12, unchanged from January 29 when it dropped to a two-and-a-half-year low.
A zinc tender from Dugald River attracted sharp terms, coming in just below the lower end of Fastmarkets' spot assessment range.

Market participants continued expressing concerns over the impact of coronavirus related lockdowns. For instance, Peru...

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