Zinc Market Monthly Report December 2016

Content

Introduction 3
1 International market review 3
1.1 LME zinc prices fluctuate downwards 3
2 Domestic market review 3
2.1 Gap of demand and supply of zinc concentrate widen 3
2.2 zinc ingot prices hard to move 5
2.3 Die-casting zinc alloy market hard to maintain optimistic 5
2.4 Zinc oxide market 6
2.4.Asian Metal Copyright2 China’s zinc import and export data by country in November 12 4.Asian Metal Copyright1 Zinc oxide produced with zinc ingot 99.7% hard to stabilize at high levels 6
2.4.2 Market of zinc oxide produced with zinc slag saw slight improvement 7
2.5 Zinc powder prices fall back 7
3 Production and inventory data 8
3.1 Global zinc supply sees a shortage of 17,000t in Oct 2016 8
3.2 China’s zinc ingot output down by 0.73% MOM in December 8
3.3 Chinese zinc ingot smelters’ stocks down by 3.61% MOM in late Dec 10
4 Import & export data analysis 11
4.1 China’s import for zinc concentrate and ore increases by 84.05% MOM in November 11
4.2 China’s zinc import and export data by country in November 12
4.3 China’s zinc ore/concentrate imports in November 2016 15
4.4 Top ten Chinese zinc ore and concentrate importers in November 18
5 Company name 18
6 Market outlook 19


Graph 1 Spot prices for LME zinc in Nov-Dec 2016 3
Graph 2 Zinc stocks on the LME in Nov-Dec 2016 3
Graph 3 Spot prices for zinc concentrate 50%min in South China in Nov-Dec 2016 4
Graph 4 Spot prices for zinc concentrate 55%min in North China in Nov-Dec 2016 4
Graph 5 Spot prices for zinc concentrate 55%min in North China in Nov-Dec 2016 5
Graph 6 Chinese spot prices for Zamak-3 zinc alloy in Nov-Dec 2016 6
Graph 7 Chinese spot prices for Zamak-5 zinc alloy in Nov-Dec 2016 6
Graph 8 Prices for Chinese zinc oxide 99.7%min from zinc ingot in Nov-Dec 2016 7
Graph 9 Prices for Chinese 325 mesh zinc powder 96%min in Nov-Dec 2016 8


Table 1 Global zinc supply and demand in 2015 and 2016 8
Table 2 Refined zinc, zinc alloy, zinc concentrate/ore imports and exports in November 2016: (Unit: tonnes) 12
Table 3 China’s zinc ore/concentrate imports by company in November 15
Table 4 China’s top 10 zinc ore/concentrate importers in November 2016 18

.Asian Metal Copyright1 Global zinc supply sees a shortage of 17,000t in Oct 2016 8 3Asian Metal Copyright