2016 Annual Report on Zinc Market

Content
Introduction 3
1 Market review 3
1.1 LME zinc prices take the lead in increasing 3
1.2 Chinese zinc concentrate market sees tight supply in 2016 4
1.4 Hot galvanizing zinc alloy market sees stable demand 6
1.5 Die-casting zinc alloy plants generally keep high operating rate 6
1.6 Zinc oxide market 6
1.7 Zinc powder market 8
2.1 Global supply for zinc in shortage of 190,000t in Jan-Nov 2016 9
2.2 Supply and demand in Chinese zinc market 9
2.2.4 Chinese die-casting zinc alloy plants' operating rate up in 2016 on year-on-year basis 11
3 Import and export data 14
3.1 China’s zinc import and export data by country in 2016 14
3.2 China’s zinc ore/concentrate imports down by 38.27% YOY in 2016 15
3.3 China’s refined zinc imports down by 21.89% YOY in 2016 16
3.4 China’s major zinc smelters’ zinc ore/concentrate monthly imports during 2016 17
3.5 China’s zinc alloy imports down by 7.48% YOY in 2016 18
4.1 China’s iron and steel output up respectively in 2016 18
4.2 China’s automobile production and sales sees new high in 2016 19
2.1 Galvanization 20
2.2 Casting zinc alloy 20
2.3 Manufacture copper alloy (brass) 20
2.4 Manufacture zinc oxide 20
Zinc is widely used in industries such as rubber, coating, enamel, medicine, print and fiber. 20

Graph
Graph 1 Price graph of zinc futures on the LME 2016 (USD/t) 5
Graph 2 Zinc stocks on the LME 2016 (t) 5
Graph 3 Prices for zinc concentrate 50%min in south china in 2015 (RMB/metal tonne) 5
Graph 4 Prices for zinc concentrate 55%min in north china in 2016 (RMB /metal tonne) 6
Graph 5 Price graph of SHFG zinc ingot 99.995%min on Chinese spot market in 2016 (RMB /t) 7
Graph 6 Price graph of zamak-3 zinc alloy in china in 2016 (RMB /t) 7
Graph 7 Prices for zinc oxide 99.7%min in china in 2016 (RMB /t) 8
Graph 8 Prices for 500mesh zinc powder 96%min in 2016 (RMB /t) 9
Graph 9 China’s zinc ingot output from Jan 2015 to Dec 2016 10
Graph 10 Chinese zinc ingot 99.995%min price trend from Jan to Dec 2016 11
Graph 11 Chinese zinc smelters’ operating rates from Jan 2015 to Dec 2016 11
Graph 12 Chinese die-casting zinc alloy plants' operating rates from 2015 to 2016 (Unit: %) 12
Graph 13 Chinese die-casting zinc alloy outputs from 2015 to 2016 by month (Unit: t) 13
Graph 14 Distribution of China's zinc oxide 99.7%min capacity in 2016 13
Graph 15 China’s zinc oxide plants’ operating rate from 2015 to 2016 14
Graph 16 China’s zinc ore/ concentrate imports from 2010 to 2016 16
Graph 17 China’s main zinc ore/concentrate import origins in 2016 17
Graph 18 China’s main refined zinc import origins in 2016 17
Graph 19 China’s refined zinc imports 2007-2016 17
Graph 20 Yuguang zinc’s zinc concentrate monthly import in 2016 18
Graph 21 Zhuzhou Smelter’s zinc concentrate monthly import in 2016 18
Graph 22 Baiyin Nonferrous Metal’s zinc concentrate monthly import in 2016 19
Graph 23 Hechi Nanfang’s zinc concentrate monthly import in 2016 19
Graph 24 China’s zinc alloy imports from 2008 to 2016 19
Graph 25 Zinc consumption structure in China 21

Table
Table 1 The expanded zinc ingot smelting projects in 2016 11
Table 2 Newly-added zinc oxide capacity in 2017 13
Table 3 Chinese companies with additional zinc powder capacity in 2017 14
Table 4 Refined zinc, zinc alloy, zinc concentrate/ore import and export in 2016 14
Table 5 China’s zinc tariffs in 2016 17
Table 6 Global zinc ore output, reserves and distribution 20

.Asian Metal Copyright1 China’s zinc import and export data by country in 2016 14 3Asian Metal Copyright