Zinc Market Report June 2016

Content

Introduction 3
1 International market review 3
1.1 LME zinc prices spiral up 3
2 Domestic market review 3
2.1 Chinese zinc concentrate prices up 3
2.2 Chinese zinc ingot prices up 4
2.3 Die-casting zinc alloy market poor 4
2.4 Zinc oxide market 5
2.4.Asian Metal Copyright3 China’s zinc smelters’ stocks decrease in June 7 4 Import export data analysis 7 4.Asian Metal Copyright1 Market for zinc oxide 99.7%min produced by zinc ingot sees higher prices 5
2.4.2 Activity flat for zinc oxide produced from zinc slag 5
2.5 Zinc powder market 5
3 Production and inventory data 6
3.1 Global zinc supply sees 2,500t notch in April 6
3.2 Chinese zinc smelters’ operating rate drops in June 6
3.3 China’s zinc smelters’ stocks decrease in June 7
4 Import & export data analysis 7
4.1 China’s zinc import and export data by country in May 7
4.2 China’s imports for zinc concentrate and ore down by 22.7% MOM in May 9
4.3 China imports on refined zinc remain flat MOM in May 10
4.4 China’s zinc ore/concentrate imports in May 2016 10
4.5 Chinese zinc concentrate importers in May 12
4.6 Chinese refined zinc imports in May 2016 12
4.7 Top ten Chinese refined zinc importers in May 2016 13
5 Company news 13
6 Market outlook 14

Graph 1Spot prices for LME zinc in May-Jun 2016 3
Graph 2 Zinc stocks on the LME in May-Jun 2016 3
Graph 3 Prices for zinc concentrate 50%min in South China in May-Jun 2016 4
Graph 4 Prices for zinc concentrate 55%min in North China in May-Jun 2016 4
Graph 5 Prices for SHG zinc ingot in May-Jun 2016 4
Graph 6 Chinese spot prices for Zamak-3 zinc alloy in May-Jun 2016 5
Graph 7 Chinese spot prices for Zamak-5 zinc alloy in May-Jun 2016 5
Graph 8 Prices for Chinese zinc oxide 99.7%min from zinc ingot in May-Jun 2016 5
Graph 9 Prices for domestic 325 mesh zinc powder 96%min in May-Jun 2016 6
Graph 10 the average operating rate in zinc smelters in some provinces from 2015 to June 2016. 6
Graph 11 Chinese zinc smelters’ operating rate movement from 2015 to 2016. 7
Graph 12 Chinese zinc smelters’ stocks movement from 2015 to 2016. 7
Graph 13 China’s imports of zinc concentrates and ores from January 2015 to May 2016 (unit: 10kt) 9
Graph 14 China’s imports of zinc concentrates and ores from Australia and Peru between January 2015-May 2016 (unit:10kt) 9
Graph 15 China’s refined zinc imports from 2015 to 2016 10
Graph 16 The major origins of refined zinc imports in China from 2015 to 2016 10


Table 1 World zinc supply and consumption in 2015-2016 6
Table 2 Refined zinc, zinc alloy, zinc concentrate/ore import and export in May 2016: (Unit: tonnes) 7
Table 3 China’s zinc ore/concentrate imports by company in May 2016 10
Table 4 top ten Chinese zinc concentrate importers in May 2016 12
Table 5 Chinese refined zinc imports by region in May 2016 12
Table 6 China’s top 10 refined zinc import companies in May 2016 13


.Asian Metal Copyright 6 Graph 11 Chinese zinc smelters’ operating rate movement from 2015 to 2016Asian Metal Copyright