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.Asian Metal Copyright1 China's refined zinc producers' operating rate records 88.68% in Sep 11
5.1.Asian Metal Copyright5 Zinc powder prices down 8 3.Asian Metal Copyright2 China's refined zinc producers' output up by 4.4% MOM in Sep 11
5.1.Asian Metal Copyright1.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 Copyright85% in Sep 12 5.Asian Metal Copyright1 China's zinc die-casting alloy producers' operating rate records 36.85% in Sep 12
5.2.Asian Metal Copyright1 LME lead prices fluctuate down 8 3.Asian Metal Copyright2 China's zinc die-casting alloy producers' output up by 1.5% MOM in late Sep 13
5.2.Asian Metal Copyright1 Zinc ingot prices down in fluctuation 5 3.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 Copyright1 Chihong ZnGe's lead and zinc production exceeds target in H1 2019 9 4.Asian Metal Copyright1 China's zinc oxide producers' operating rate records 54.1% in Sep 14
5.3.Asian Metal Copyright1 China's zinc concentrate and ore imports up by about 50.Asian Metal Copyright2 China's zinc oxide producers' output up by 1.2% MOM in Sep 14
5.3.Asian Metal Copyright3.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 CopyrightContent 1.Asian Metal Copyright1 China's zinc powder producers' operating rate records 57.54% in Sep 15
5.4.Asian Metal Copyright1 China's zinc powder producers' operating rate records 57.Asian Metal Copyright2 China's zinc powder producers' output up by 2.6% MOM in Sep 16
5.4.Asian Metal Copyright3 Zinc die-casting alloy prices soar 7 3.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 Copyright10 Shuanglongquan Mining cuts zinc concentrate production 10 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 Copyright2 ILZSG: Global zinc oversupply increases to 12,200t in Jul 4 3Asian Metal Copyright