BR100 Increased By (1.29%)
BR30 Increased By (1.73%)
KSE100 Increased By (1.17%)
KSE30 Increased By (1.2%)
AGHA 6.10 Increased By ▲ 0.07 (1.16%)
BECO 4.18 Increased By ▲ 0.32 (8.29%)
BML 60.52 Decreased By ▼ -0.48 (-0.79%)
BOP 28.94 Increased By ▲ 0.85 (3.03%)
CNERGY 12.03 Increased By ▲ 0.29 (2.47%)
CSIL 5.56 Increased By ▲ 0.26 (4.91%)
FCCL 56.06 Increased By ▲ 1.60 (2.94%)
FFL 13.06 Decreased By ▼ -0.01 (-0.08%)
FNEL 1.15 Increased By ▲ 0.04 (3.6%)
KEL 5.82 Increased By ▲ 0.19 (3.37%)
KOSM 5.37 Increased By ▲ 0.03 (0.56%)
LOTCHEM 24.00 Increased By ▲ 0.17 (0.71%)
MLCF 95.10 Increased By ▲ 2.12 (2.28%)
NBP 166.18 Increased By ▲ 2.98 (1.83%)
NCPL 48.85 Increased By ▲ 0.58 (1.2%)
NPL 50.45 Increased By ▲ 0.74 (1.49%)
OGDC 307.25 Increased By ▲ 3.62 (1.19%)
PACE 9.10 Increased By ▲ 0.13 (1.45%)
PAEL 32.50 Increased By ▲ 0.59 (1.85%)
PIBTL 13.13 Increased By ▲ 0.39 (3.06%)
PPL 215.25 Increased By ▲ 2.34 (1.1%)
PRL 85.92 Increased By ▲ 1.58 (1.87%)
PTC 45.50 Increased By ▲ 0.51 (1.13%)
SSGC 23.15 Increased By ▲ 0.32 (1.4%)
TBL 9.05 Increased By ▲ 0.17 (1.91%)
TELE 6.57 Increased By ▲ 0.07 (1.08%)
TPL 25.51 Increased By ▲ 1.25 (5.15%)
TPLP 13.01 Increased By ▲ 1.02 (8.51%)
TREET 23.26 Increased By ▲ 0.12 (0.52%)
TRG 52.40 Increased By ▲ 0.93 (1.81%)

SHANGHAI:* China's annual zinc consumption will peak at 7 million to 7.2 million tonnes by the middle of next decade, an official from the China Nonferrous Metals Industry Association (CNIA) said on Tuesday.

* Peng Tao, secretary general of the CNIA's lead and zinc branch, told the Shanghai Derivatives Market Forum that China's zinc consumption would peak between 2022 and 2025.

* China, the world's biggest consumer of the metal used to galvanise steel, consumed 6.493 million tonnes of refined zinc in 2018, down 1.6% year-on-year, according to the International Lead and Zinc Study Group.

* Shanghai zinc prices rose 1.7% to 20,665 yuan  ($2,991.76) a tonne on Tuesday amid falling inventories.

Copyright Reuters, 2019

Comments

Comments are closed for this article.