Zinc Market Report September 2014

Contents
Introduction
1 Financial news
1.1 Chinese domestic financial overview
1.1.Asian Metal Copyright2 US dollar off to a Strong Start in September 2 International market overview 3 Chinese domestic market overview 3.Asian Metal Copyright1 CPI up by 2.Asian Metal Copyright1 China’s zinc concentrate production up by 2.Asian Metal Copyright0% and PPI down by 1.2% YOY in August
1.1.2 PMI unchanged in September
1.2 International financial overview
1.2.1 Crude oil futures prices keep failing
1.2.2 US dollar off to a Strong Start in September
2 International market overview
3 Chinese domestic market overview
3.1 Zinc concentrate prices fluctuate widely on the Chinese market in September
3.2 Zinc ingot prices decline, spot premiums hold up
3.3 Die-casting zinc alloy market sluggish, production declines
3.4 Zinc oxide market
3.4.1 Market for zinc oxide produced from zinc ingots stable
3.4.2 Market for zinc oxide produced from zinc scrap slow, demand sluggish
3.4.3 Zinc oxide 90-99% market sees no improvements
3.5 Zinc powder market
3.5.1 Fine zinc powder trading stable
3.5.2 Metal zinc powder market stable, consumers purchase from hand to mouth
3.6 Zinc sulfate prices stable, market sees no improvement
4 Production data
4.1 China’s zinc concentrate production up by 2.37% MOM in August
4.2 China’s refined zinc production down by 5.59% MOM in August
4.3 Operating rate of China’s zinc smelters down to 77.8% in September
4.3 China’s zinc smelters’ stocks up by 7.7% MOM in late September
4.4 Operating rate of China’s die-casting zinc alloy plants down to 48.51% in September
4.5 Operating rate of China’s zinc oxide plants down to 46.03% in September
4.6 Stocks at China’s zinc oxide plants up by 4.8% MOM in late September
5 Import & export data analysis
5.1 China’s zinc import and export data by country in August
5.2 China’s zinc ore/concentrate imports down by 13.02% MOM in August
5.3 China’s refined zinc imports up by 40.69% MOM in August
5.4 China’s zinc oxide imports down by 20% MOM in August
5.5 China’s zinc powder imports down by 12.6% MOM in August
5.6 Top ten Chinese zinc ore/concentrate importers in August
5.7 Top ten Chinese refined zinc importers in August
5.8 Top ten Chinese zinc oxide importers in August
5.9 Chinese zinc powder importers in August
6 Company news
6.1 Western Mining halts zinc ingot production for maintenance
6.2 Chihong Zn & Ge’s zinc smelter in Huize halts production for maintenance
6.3 Maguan Yuntong Zinc resumes zinc ingot production after ten-day idling
6.4 Shizishan Mine’s lead & zinc output declines in H1 2014
6.5 Haishang Environment Technology’s 10,000tpy of zinc oxide project to come on stream in late 2014
6.6 Shuangsheng Zinc Industry resumes zinc powder production
6.7 Yuanda Animal Pharmaceutical increases zinc sulfate output to 4,200tpm
7 Related industry developments
7.1 China’s crude steel output up by 1% YOY in August
7.2 China’s automobile sales volume up by 4% YOY in August
8 Outlook for September

Picture 1 China’s CPI and PPI trend 2012-2014
Picture 2 China’s PMI index in 2012-2014
Picture 3 US crude oil futures price trend on major transaction market in September
Picture 4 USD index chart 2014
Picture 5 Three-month seller zinc on the LME in September 2014
Picture 6 Zinc stocks on the LME in September 2014
Picture 7 Prices for zinc concentrate 50%min in South China in September 2014
Picture 8 Prices for zinc concentrate 55%min in North China in September 2014
Picture 9 Prices for SHG zinc ingot in September 2014
Picture 10 Price graph for Zamak-3 zinc alloy in August 2014
Picture 11 Prices for rubber grade zinc oxide 99.7%min from zinc ingot in September 2014
Picture 12 Prices for 325 mesh zinc powder 98%min in September 2014
Picture 13 China’s zinc concentrate production 2011-2014
Picture 14 China’s refined zinc production 2011-2014
Picture 15 China’s zinc smelters’ operating rate 2013-2014
Picture 16 China’s zinc smelters’ stocks November 2013-September 2014
Picture 17 China’s major die-casting zinc alloy producers’ operating rate 2012-2014
Picture 18 China’s zinc oxide plants’ operating rate from 2012 to 2014
Picture 19 China’s zinc oxide plants’ stocks from January to September 2014
Picture 20 China’s zinc ore/concentrate imports 2013-2014
Picture 21 China’s refined zinc imports 2014
Picture 22 China’s refined zinc import origins 2014
Picture 23 China zinc oxide imports from January to August
Picture 24 The origins of China’s zinc oxide imports in August 2014
Picture 25 China’s zinc oxide import price
Picture 26 China’s zinc powder and flake powder imports from January to August 2014
Picture 27 Origins of China’s zinc powder and zinc flake powder imports from January to August 2014


Table 1 Prices for zinc oxide 99.7%min produced from zinc scrap
Table 2 Output changes of some zinc smelters in September
Table 3 Refined zinc, zinc alloy, zinc concentrate/ore imports and exports in August 2014
Table 4 China’s top 10 zinc ore/concentrate import companies in August 2014
Table 5 China’s top 10 refined zinc import companies in August 2014
Table 6 China’s top 10 zinc oxide import companies in August 2014
Table 7 China’s zinc powder import companies in August 2014
.Asian Metal Copyright5 Haishang Environment Technology’s 10,000tpy of zinc oxide project to come on stream in late 2014 6Asian Metal Copyright