Monthly Zinc Market Report Sep 2020

Content
1. Market Highlights 4
2. Economy and Policy 4
2.1 China to put resources tax law into force from September 1 on 4
2.2 ILZSG: Global zinc oversupply increases to 12,200t in Jul 4
3. Market Movements 5
3.1 Market Movements in China 5
3.1.1 Zinc ingot prices down in fluctuation 5
3.1.2 TCs for zinc concentrate down 6
3.1.3 Zinc die-casting alloy prices soar 7
3.1.4 Zinc oxide prices firm 8
3.1.5 Zinc powder prices down 8
3.2. Market Movements Abroad 8
3.2.1 LME lead prices fluctuate down 8
3.2.2 LME zinc stocks keep at high levels 8
4. Company News 9
4.1 Chihong Zn&Ge's lead and zinc production exceeds target in H1 2019 9
4.2 Zhongjin Lingnan' lead and zinc products output up by 3.93% YOY in H1 2020 9
4.3 Western Mining produces 45,700t of zinc ingot in H1 2020 9
4.4 Luoping Zinc & Electricity produces 4,308t of zinc ingot in H1 2020 9
4.5 Huludao Zinc Smelting maintains refined zinc production line 9
4.6 Baiyinnuoer Mining maintains lead-zinc concentrate production lines 9
4.7 Mingsen Mining suspends lead-zinc ore production 10
4.8 Bangzhou Industry and Trade resumes zinc ore mining 10
4.9 Hunan Baoshan Nonferrous Metal resumes lead-zinc concentrate production 10
4.10 Shuanglongquan Mining cuts zinc concentrate production 10
5. Producers Statistics 10
5.1 Refined zinc producers statistics 10
5.1.Asian Metal Copyright3 China's zinc die-casting alloy producers' stocks down by 1.Asian Metal Copyright1 China's refined zinc producers' operating rate records 88.68% in Sep 11
5.1.Asian Metal Copyright3.Asian Metal Copyright2 China's refined zinc producers' output up by 4.4% MOM in Sep 11
5.1.Asian Metal Copyright1 CAAM: China's automobile output up by 21.Asian Metal Copyright3 China's refined zinc producers' stocks down by 13.5% MOM in late Sep 12
5.2 Zinc die-casting alloy producers statistics 12
5.2.Asian Metal Copyright3 Zinc die-casting alloy prices soar 7 3.Asian Metal Copyright1 China's zinc die-casting alloy producers' operating rate records 36.85% in Sep 12
5.2.Asian Metal Copyright1.Asian Metal Copyright2 China's zinc die-casting alloy producers' output up by 1.5% MOM in late Sep 13
5.2.Asian Metal Copyright5 Huludao Zinc Smelting maintains refined zinc production line 9 4.Asian Metal Copyright3 China's zinc die-casting alloy producers' stocks down by 1.3% MOM in late Sep 13
5.3 Zinc oxide producers statistics 14
5.3.Asian Metal Copyright3% MOM in Aug 18 7.Asian Metal Copyright1 China's zinc oxide producers' operating rate records 54.1% in Sep 14
5.3.Asian Metal Copyright54% in Sep 15 5.Asian Metal Copyright2 China's zinc oxide producers' output up by 1.2% MOM in Sep 14
5.3.Asian Metal Copyright2 LME zinc stocks keep at high levels 8 4.Asian Metal Copyright3 China's zinc oxide producers' stocks down by 9.4% MOM in late Sep 15
5.4 Zinc powder producers statistics 15
5.4.Asian Metal Copyright93% YOY in H1 2020 9 4.Asian Metal Copyright1 China's zinc powder producers' operating rate records 57.54% in Sep 15
5.4.Asian Metal Copyright Customs Statistics 17 6.Asian Metal Copyright2 China's zinc powder producers' output up by 2.6% MOM in Sep 16
5.4.Asian Metal Copyright3 China's zinc oxide producers' stocks down by 9.Asian Metal Copyright3 China's zinc powder producers' stocks down by 31.0% MOM in late Sep 16
6. Customs Statistics 17
6.1 China's zinc concentrate and ore imports up by about 50.7% MOM in Aug 17
6.2 China's zinc ingot 99.Asian Metal Copyright2% MOM in Sep 14 5.Asian Metal Copyright995%min imports down by 18.3% MOM in Aug 18
7. Relevant Industry News 18
7.1 CAAM: China's automobile output up by 21.9% YOY in Jul 18
7.1 China's auto sales up by 11.6% YOY in Aug 18
8. Market Outlook for Next Month 19


.Asian Metal Copyright9% YOY in Jul 18 7Asian Metal Copyright