Monthly Zinc Market Report Apr 2021

Contents

1. Market Highlights 5
2 Economy and Policy 5
2.1 Third batch of second round central ecological environment protection inspection starts 5
2.2 NBS: GDP rises by 18.3% YOY in Q1 5
2.3 MIIT: Impact of this round of commodity price increases on manufacturing industry is generally controllable 5
2.4 FED: Benchmark interest rate keeps unchanged at 0%-0.25% range 6
3. Market Movements 6
3.1 Market Movements in China 6
3.1.Asian Metal Copyright1 China's zinc powder producers' operating rate records 56.Asian Metal Copyright1 Zinc ingot 99.995%min 6
3.1.Asian Metal Copyright28% in Apr 2021 13 5.Asian Metal Copyright2 Zinc ingot 99.99%min 7
3.1.3 Zinc concentrate 50%min 7
3.1.4 Imported zinc concentrate 50%min 8
3.1.5 Zinc die-casting alloy 8
3.1.Asian Metal Copyright77% YOY in 2020 24 8.Asian Metal Copyright6 Zinc oxide 99.7%min 9
3.1.7 Zinc powder 9
3.2 Market Movements Abroad 9
3.2.1 LME Zinc 10
3.2.2 LME zinc stocks 10
4. Company News 10
4.1 Shanchuan Mining restarts lead-zinc concentrate production 10
4.2 Biliya Mining to resume lead-zinc concentrate production 10
4.3 Shijia Mining suspends lead-zinc concentrate production 10
4.4 Shenma Mining to resume zinc concentrate production 10
4.5 Teck Resources and Korea Zinc sign zinc concentrate annual supply agreement 11
4.6 Shuanglongquan Mining resumes zinc concentrate production 11
4.7 Zhuzhou Smelter Group's zinc output exceeds 80,000 tons in Q1 11
4.8 Zhonglian Mining resumes lead-zinc concentrate production 11
4.9 CNMC Zinc Industry produces 61,000 tons of zinc products in Q1 11
4.10 Yuguang Zinc Industry to overhaul zinc ingot production line 11
4.11 Yuandong Mining to restart lead-zinc concentrate production 12
4.12 Xing'an Copper and Zinc suspends zinc ingot production 12
4.13 Xinchuan Mining resumes lead-zinc concentrate production 12
4.14 Luoping Zinc & Electricity suspends production of Yuhe lead-zinc mine of Hongtai Mining 12
4.15 Fuyuan Zinc resumes zinc ingot production 12
4.16 Hulun Buir Chihong resumes zinc ingot production 12
4.17 Xinjiang Zijin resumes zinc ingot production 13
4.18 Yunnan Jinding Zinc overhauls zinc ingot production line 13
4.19 Yindu Mining resumes lead-zinc concentrate production 13
4.20 Yunnan Bangzhou Industry and Trade to resume zinc concentrate production 13
5. Producers Statistics 13
5.1 Refined zinc producers statistics 13
5.1.Asian Metal Copyright68% MOM in late Apr 2021 19 5.Asian Metal Copyright1 China's refined zinc producers' operating rate records 83.28% in Apr 2021 13
5.1.Asian Metal Copyright1.Asian Metal Copyright2 China's refined zinc producers' output up by 0.53% MOM in Apr 2021 14
5.1.Asian Metal Copyright Consumers Statistics 21 6.Asian Metal Copyright3 China's refined zinc producers' stocks down by 20.59% MOM in late Apr 2021 14
5.2 Zinc die-casting alloy producers statistics 15
5.2.Asian Metal Copyright11% MOM in Apr 2021 20 5.Asian Metal Copyright1 China's zinc die-casting alloy producers' operating rate records 44.31% in Apr 2021 15
5.2.Asian Metal Copyright3 MIIT: Impact of this round of commodity price increases on manufacturing industry is generally controllable 5 2.Asian Metal Copyright2 China's zinc die-casting alloy producers' output down by 5.40% MOM in Apr 2021 15
5.2.Asian Metal Copyright2 China's zinc powder producers' output up by 2.Asian Metal Copyright3 China's zinc die-casting alloy producers' stocks down by 2.28% in late Apr 2021 16
5.3 Zinc oxide producers statistics 16
5.3.Asian Metal Copyright1.Asian Metal Copyright1 China's zinc oxide producers' operating rate records 60.20% in Apr 2021 16
5.3.Asian Metal Copyright68% MOM in late Apr 2021 19 5.Asian Metal Copyright2 China's zinc oxide producers' output up by 7.15% MOM in Apr 2021 17
5.3.Asian Metal Copyright3 China's zinc oxide producers' stocks up by 12.Asian Metal Copyright3 China's zinc oxide producers' stocks up by 12.98% MOM in late Apr 2021 17
5.4 Zinc powder producers statistics 18
5.4.Asian Metal Copyright4.Asian Metal Copyright1 China's zinc powder producers' operating rate records 56.21% in Apr 2021 18
5.4.Asian Metal Copyright3.Asian Metal Copyright2 China's zinc powder producers' output up by 2.86% MOM in Apr 2021 19
5.4.Asian Metal Copyright98% MOM in late Apr 2021 17 5.Asian Metal Copyright3 China's zinc powder producers' stocks down by 40.68% MOM in late Apr 2021 19
5.5 Zinc concentrate producers statistics 19
5.5.Asian Metal Copyright1 Chinese refined zinc producers' zinc concentrate consumption down by 0.Asian Metal Copyright1 China's zinc concentrate producers' operating rate records 57.39% in Apr 2021 19
5.5.Asian Metal Copyright3 Shijia Mining suspends lead-zinc concentrate production 10 4.Asian Metal Copyright2 China's zinc concentrate producers' output up by 9.11% MOM in Apr 2021 20
5.5.Asian Metal Copyright1.Asian Metal Copyright3 China's zinc concentrate producers' stocks down by 13.22% MOM in late Apr 2021 21
6. Consumers Statistics 21
6.1 Chinese refined zinc producers' zinc concentrate consumption down by 0.64% MOM in Apr 2021 21
6.2 Chinese refined zinc producers' zinc concentrate inventory down by 9.18% MOM in late Apr 2021 22
7. Customs Statistics 22
7.1 China's zinc concentrate and ore imports up by 34.29% MOM in Mar 2021 22
7.2 China's zinc ingot 99.Asian Metal Copyright9% MOM in Mar 24 8.Asian Metal Copyright995%min imports up by 48.31% YOY in Mar 2021 23
8. Relevant Industry News 24
8.1 CAAM: China's automobile sales increase by 63.9% MOM in Mar 24
8.2 Global auto sales down by 13.77% YOY in 2020 24
8.3 CAAM: Auto production of 11 key enterprises down by 5.1% YOY in early Apr 24
8.4 MOF and STA release announcement on cancelling export tax rebate of some iron and steel products 24
9. Market Outlook for Next Month 25


.Asian Metal Copyright11 Yuandong Mining to restart lead-zinc concentrate production 12 4Asian Metal Copyright