Zinc Market Monthly Report June 2017

Abstract 3
1 Chinese market review 3
1.1 Zinc ingot prices up on the whole 3
1.2 Treatment charges for zinc concentrate up 3
1.3 Treatment charges for zinc powder up 4
1.4 Zinc oxide prices lack upward momentum 4
2 International market review 5
2.1 LME zinc prices up dramatically 5
3 Imp & Exp Analysis 5
3.1 Chinese refined zinc imports down by 29.9% MOM in May 5
3.2 Chinese zinc ore imports up by 24.3% YOY Jan-May 6
4 Supply & Demand Analysis 8
4.1 Chinese refined zinc output up by 2.5% YOY H1 2017 8
4.2 Chinese zinc oxide imports down by 15.2% MOM in May 9
5 Company news 10
5.1 Nanfang Nonferrous’ zinc ingot output down by 10% YOY H1 10
5.2 China Nonferrous Zinc to take maintenance 10
5.3 Fuyuan Mining suspends zinc ore production 10
5.4 Shuikoushan Nonferrous postpones to resume zinc ingot production 10
6 Market outlook 10

Graph 1 Zinc ingot 99.995%min price trend in East China 3
Graph 2 Zinc concentrate 55%min price trend in South China 4
Graph 3 Chinese zinc powder 325 mesh EXW price trend 4
Graph 4 Chinese zinc oxide 99.7% EXW price trend 5
Graph 5 LME zinc spot settlement price trend 5
Graph 6 LME zinc stocks trend 5
Graph 7 Chinese refined zinc imports by month (tonne) 6
Graph 8 Chinese refined zinc import by major countries by month (tonne) 6
Graph 9 Chinese zinc ore imports by month 7
Graph 10 Chinese zinc ore imports by major countries by month 7
Graph 11 Chinese refined zinc output by month 8
Graph 12 Chinese refined zinc output by major provinces by month 9
Graph 13 Chinese operating rate for refined zinc plants 9
Graph 14 Chinese zinc oxide import by month 9
Graph 15 Chinese zinc oxide imports by major countries by month (tonne) 10

Table 1 Major Chinese zinc concentrate importers in May 7

.Asian Metal Copyright7% EXW price trend 5 Graph 5 LME zinc spot settlement price trend 5 Graph 6 LME zinc stocks trend 5 Graph 7 Chinese refined zinc imports by month tonne 6 Graph 8 Chinese refined zinc import by major countries by month tonne 6 Graph 9 Chinese zinc ore imports by month 7 Graph 10 Chinese zinc ore imports by major countries by month 7 Graph 11 Chinese refined zinc output by month 8 Graph 12 Chinese refined zinc output by major provinces by month 9 Graph 13 Chinese operating rate for refined zinc plants 9 Graph 14 Chinese zinc oxide import by month 9 Graph 15 Chinese zinc oxide imports by major countries by month tonne 10 Table 1 Major Chinese zinc concentrate importers in May 7 Asian Metal Copyright