Monthly Zinc Market Report May 2022

Monthly Zinc Market Report May 2022 1
Contents 1
1 Market Highlights 3
2 Economy and Policy 3
2.1 GACC: China's import and export value of foreign trade up by 7.9% YoY in Jan-Apr 3
2.2 Four departments: Strengthen supply and price stability of important raw materials and primary products 3
2.3 NEA: To boost reduction and restriction of coal consumption in steel, nonferrous-metal, building material and other industries 3
2.4 NDRC considers expanding Catalogue of Industries for Encouraging Foreign Investment 3
2.5 MoF: China's 2022 tax rebates & cuts and fee reductions to total RMB2.5 trillion 4
2.6 WBMS: Global zinc market has surplus of 37,800 tons in Jan-Mar 2022 4
2.7 Peru's zinc production down by 9.8% YOY in Mar 4
3 Market Movements 4
3.1 Market Movements in China 4
3.1.Asian Metal Copyright4.Asian Metal Copyright1 Zinc ingot 99.995%min 4
3.1.Asian Metal Copyright1 GACC: China's import and export value of foreign trade up by 7.Asian Metal Copyright2 Zinc ingot 99.99%min 5
3.1.3 Zinc concentrate 50% 5
3.1.4 Imported zinc concentrate 50%min 6
3.1.5 Zinc die-casting alloy 6
3.1.Asian Metal Copyright11 Changba Lead Zinc Mining finishes maintenance on zinc concentrate production lines 9 4.Asian Metal Copyright6 Zinc oxide 99.7%min 6
3.1.7 Zinc powder 7
4 Company News 7
4.1 Ever Fuhong Hunan to increase zinc powder output 7
4.2 ORLON Zinc to decrease zinc oxide output 7
4.3 Sichuan Huili Lead& Zinc to reduce zinc concentrate output 7
4.4 Yongkang Fuda Metal to increase zinc alloy output 8
4.5 Hunan Taifeng Group suspends zinc ingot production 8
4.6 Trevali Mining's Q1 zinc production down 17% YOY 8
4.7 Bangzhou Industry and Trade to resume zinc concentrate output 8
4.8 Xinjiang Zijin Zinc Industry maintains zinc concentrate production lines 8
4.9 Rongda Mining to increase zinc concentrate production 8
4.10 Jiangsu Kunda Zinc Industry to finish zinc powder production line maintenance 9
4.11 Changba Lead& Zinc Mining finishes maintenance on zinc concentrate production lines 9
4.12 Weifang Longda Zinc Industry maintains zinc oxide production line 9
5 Producers Statistics 9
5.1 Refined zinc producers statistics 9
5.1.Asian Metal Copyright1 China's zinc concentrate and ore imports up by about 29.Asian Metal Copyright1 China's refined zinc producers' operating rate records 80.05% in May 9
5.1.Asian Metal Copyright67% MOM in late May 17 7 Customs Statistics 18 7.Asian Metal Copyright2 China's refined zinc producers' output down by 0.85% MOM in May 10
5.1.Asian Metal Copyright2 China's zinc powder producers' output up by 5.Asian Metal Copyright3 China's refined zinc producers' stocks down by 11.97% MOM in late May 10
5.2 Zinc die-casting alloy producers statistics 11
5.2.Asian Metal Copyright7 Bangzhou Industry and Trade to resume zinc concentrate output 8 4.Asian Metal Copyright1 China's zinc die-casting alloy producers' operating rate records 44.14% in May 11
5.2.Asian Metal Copyright71% MOM in late May 11 5.Asian Metal Copyright2 China's zinc die-casting alloy producers' output up by 8.31% MOM in May 11
5.2.Asian Metal Copyright7 Zinc powder 7 4 Company News 7 4.Asian Metal Copyright3 China's zinc die-casting alloy producers' stocks up by 0.71% MOM in late May 11
5.3 Zinc oxide producers statistics 12
5.3.Asian Metal Copyright5 Zinc die-casting alloy 6 3.Asian Metal Copyright1 China's zinc oxide producers' operating rate records 55.46% in May 12
5.3.Asian Metal Copyright10 Jiangsu Kunda Zinc Industry to finish zinc powder production line maintenance 9 4.Asian Metal Copyright2 China's zinc oxide producers' output down by 2.82% MOM in May 12
5.3.Asian Metal Copyright1.Asian Metal Copyright3 China's zinc oxide producers' stocks up by 0.61% MOM in late May 13
5.4 Zinc powder producers statistics 13
5.4.Asian Metal Copyright5 MoF: China's 2022 tax rebates cuts and fee reductions to total RMB2.Asian Metal Copyright1 China's zinc powder producers' operating rate records 66.69% in May 13
5.4.Asian Metal Copyright31% MOM in May 11 5.Asian Metal Copyright2 China's zinc powder producers' output up by 5.45% MOM in May 14
5.4.Asian Metal Copyright49% MOM in late May 16 6 Consumers Statistics 16 6.Asian Metal Copyright3 China's zinc powder producers' stocks increased by 4.17% in late May 14
5.5 Zinc concentrate producers statistics 15
5.5.Asian Metal Copyright7%min 6 3.Asian Metal Copyright1 China's zinc concentrate producers' operating rate records 55.9% in May 15
5.5.Asian Metal Copyright2 China's zinc powder producers' output up by 5.Asian Metal Copyright2 China's zinc concentrate producers' output up by about 5.98% in May 15
5.5.Asian Metal Copyright5 Hunan Taifeng Group suspends zinc ingot production 8 4.Asian Metal Copyright3 China's zinc concentrate producers' stocks up by 1.49% MOM in late May 16
6 Consumers Statistics 16
6.1 China's refined zinc producers' zinc concentrate consumption up by 0.04% MOM in May 2022 16
6.2 China's refined zinc producers' stocks of zinc concentrate down by 0.67% MOM in late May 17
7 Customs Statistics 18
7.1 China's zinc concentrate and ore imports up by about 29.22% MOM in Apr 2021 18
7.2 China's zinc ingot 99.Asian Metal Copyright1.Asian Metal Copyright995%min imports down by 55.39% MOM in Apr 2022 19
8 Market Outlook for Next Month 19
.Asian Metal Copyright995%min 4 3Asian Metal Copyright