China zinc imports advanced 47% year-on-year to 47,933 metric tons (mt) in January, according to latest data released by customs department.
China zinc imports advanced maybe because of a decline in treatment charges paid to smelters and also because of a wider spread between prices on the London Metal Exchange and domestic prices.
Since late last year, there have been improved trade opportunities, attracting more refined zinc imports.
LME three-month prices in early January hovered around $1,850/mt, compared with spot average Shanghai domestic prices of around Yuan 14,700/mt ($2,328/mt).
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