Zinc Market Monthly Report January 2017

Content

Introduction 3
1 International market review 3
1.1 LME zinc prices fluctuate upwards 3
2 Domestic market review 3
2.1 Supply for Chinese zinc concentrate tight 3
2.2 Domestic zinc ingot prices hard to move 5
2.3 Die-casting zinc alloy market once again affected by environmental protection 5
2.4 Zinc oxide market 6
2.4.Asian Metal CopyrightContent Introduction 3 1 International market review 3 1.Asian Metal Copyright1 Zinc oxide 99.7%min produced by zinc ingot hard to stabilize at high levels 6
2.4.2 Market of zinc oxide produced by zinc slag sees active transactions 7
2.5 Zinc powder market stable 7
3 Output and inventories data 8
3.1 Global zinc market sees balance of supply and demand in December 2016 8
3.2 China’s zinc ingot output basically stable in Jan 2016 8
3.3 Chinese zinc ingot smelters’ stocks up by 44.93% MOM in late Jan 9
4 Import & export data analysis 10
4.1 China’s imports for zinc concentrate and ore decreases by 21.45% MOM in Dec 2016 10
4.2 China’s zinc import and export data by country in December 11
4.3 China’s zinc ore/concentrate imports in December 2016 13
4.4 Top ten Chinese zinc ore and concentrate importers in December 16
5 Company news 17
6 Market outlook 18



Graph 1 Spot settlement prices for LME zinc in Dec 2016-Jan 2017 2016 3
Graph 2 Zinc stocks on the LME in Dec 2016-Jan 2017 3
Graph 3 Spot prices for zinc concentrate 50%min in South China in Dec 2016-Jan 2017 4
Graph 4 Spot prices for zinc concentrate 55%min in North China in Dec 2016-Jan 2017 4
Graph 5 Spot prices for SHG zinc ingot 99.995%min in China in Dec 2016-Jan 2017 5
Graph 6 Spot prices for Zamak-3 zinc alloy in China in Dec 2016-Jan 2017 6
Graph 7 Spot prices for Zamak-5 zinc alloy in China in Dec 2016-Jan 2017 6
Graph 8 Prices for Chinese zinc oxide 99.7%min produced by zinc ingot in Dec 2016-Jan 2017 7
Graph 9 Prices for Chinese 500 mesh zinc powder 96%min in Dec 2016-Jan 2017 8



Table 1 Refined zinc, zinc alloy, zinc concentrate/ore imports and exports in December 2016: (Unit: ton): 11
Table 2 China’s zinc ore/concentrate imports by company in December 2016 13
Table 3 China’s top 10 zinc ore/concentrate importers in December 2016 17
.Asian Metal Copyright7%min produced by zinc ingot in Dec 2016-Jan 2017 7 Graph 9 Prices for Chinese 500 mesh zinc powder 96%min in Dec 2016-Jan 2017 8 Table 1 Refined zinc, zinc alloy, zinc concentrateore imports and exports in December 2016: Unit: ton: 11 Table 2 China’s zinc oreconcentrate imports by company in December 2016 13 Table 3 China’s top 10 zinc oreconcentrate importers in December 2016 17Asian Metal Copyright