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China August zinc output rises 1.4% m/m - Antaike

Reuters

Kitco News

Beijing, Sept 9 (Reuters) -


* China's refined zinc and zinc alloy output grew by 1.4% in August from the previous month, as a recovery in smelter operating rates offset seasonal summer maintenance, research house Antaike said in a note.
* The country churned out 436,000 tonnes of zinc last month, which was also up 23.7% year-on-year, according to a survey of 48 smelters by Antaike, the research arm of the China Nonferrous Metals Industry Association.
* Higher operating rates in the Henan, Shaanxi, Yunnan and Gansu provinces made up for declines in Hunan and Qinghai, as well as ongoing maintenance at two smelters in Inner Mongolia, Antaike said.
* Production is set to rise further in September now that maintenance season has passed, said Antaike, which puts China's January-August zinc output at 3.23 million tonnes, up 7.9% year-on-year.

(Reporting by Tom Daly; editing by Uttaresh.V)

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