Antaike’s research says smelters returning from maintenance pushed output high, but they expected slightly more.
“China’s August refined zinc output rose 2.8% ... from last year, ... a record monthly high in nearly five years as smelters boosted production.”
Reuters, 9/9/2020
Source article (opens in new tab): China’s August zinc output hits record high in nearly five years: Antaike (Reuters)
Article Summary
- China’s 49 zinc producers in the compilation showed a large YoY increase, but also seasonally high increases
- The country’s lead production also rose, but new environmental law may limit output this fall
AEGIS View
China’s industrial output is being closely watched, especially as metals prices have risen lately.
