Monthly Zinc Market Report Mar 2023

1 Market Highlights 5
2 Economy and Policy 5
2.1 WBMS: Global zinc market sees supply surplus of 202.5kt in 2022 5
2.2 China launches nationwide campaign to enhance mine safety 5
2.3 China's lead-zinc mine with largest reserves officially starts construction 5
3 Market Movements 5
3.1 Market Movements in China 5
3.1.Asian Metal Copyright4.Asian Metal Copyright1 Zinc ingot 99.995%min 5
3.1.Asian Metal Copyright995%min 23 8.Asian Metal Copyright2 Zinc ingot 99.99%min 6
3.1.3 Zinc concentrate 50%min 6
3.1.4 Imported zinc concentrate 50%min 7
3.1.5 Zinc die-casting alloy 7
3.1.Asian Metal Copyright5kt in 2022 5 2.Asian Metal Copyright6 Zinc oxide 99.7%min 8
3.1.7 Zinc powder 8
4 Company News 8
4.1 WBMS: Global zinc market sees supply surplus of 202.5kt in 2022 8
4.2 Huali Zinc Industry to increase zinc oxide production 9
4.3 Xindu Metal to increase zinc die-casting alloy production 9
4.4 Tiancheng Zinc in full production of zinc powder 9
4.5 Shandong Huiyuan increases zinc oxide production 9
5 Producers Statistics 9
5.1 Refined zinc producers statistics 9
5.1.Asian Metal Copyright91% in Mar 15 5.Asian Metal Copyright1 China's refined zinc producers' operating rate records 76.35% in Mar 9
5.1.Asian Metal Copyright56% YoY in Jan 2023 20 7.Asian Metal Copyright2 China's refined zinc producers' output up by 4.67% MOM in Mar 10
5.1.Asian Metal Copyright5.Asian Metal Copyright3 China's refined zinc producers' stocks up by 24.37% MOM in late Mar 10
5.2 Zinc die-casting alloy producers statistics 11
5.2.Asian Metal Copyright6 Zinc oxide 99.Asian Metal Copyright1 China's zinc die-casting alloy producers' operating rate records 33.69% in Mar 11
5.2.Asian Metal Copyright1 China's zinc concentrate import volume increased 77.Asian Metal Copyright2 China's zinc die-casting alloy producers' output up by 17.74% MOM in Mar 11
5.2.Asian Metal Copyright2 Huali Zinc Industry to increase zinc oxide production 9 4.Asian Metal Copyright3 China's zinc die-casting alloy producers' stocks up by 17.08% MOM in late Mar 12
5.3 Zinc oxide producers statistics 12
5.3.Asian Metal Copyright39% MOM in late Mar 16 6 Consumers Statistics 17 6.Asian Metal Copyright1 China's zinc oxide producers' operating rate records 52.29% in Mar 12
5.3.Asian Metal Copyright1.Asian Metal Copyright2 China's zinc oxide producers' output up by 9.02% MOM in Mar 13
5.3.Asian Metal Copyright1 China's zinc concentrate producers' operating rate records 51.Asian Metal Copyright3 China's zinc oxide producers' stocks down by 26.96% MOM in late Mar 13
5.4 Zinc powder producers statistics 14
5.4.Asian Metal Copyright2 Zinc ingot 99.Asian Metal Copyright1 China's zinc powder producers' operating rate records 47.45% in Mar 14
5.4.Asian Metal Copyright6 Zinc oxide 99.Asian Metal Copyright2 China's zinc powder producers' output up by 28.09% MOM in Mar 14
5.4.Asian Metal Copyright1 Zinc ingot 99.Asian Metal Copyright3 China's zinc powder producers' stocks up by 3.58% MOM in late Mar 15
5.5 Zinc concentrate producers statistics 15
5.5.Asian Metal Copyright3.Asian Metal Copyright1 China's zinc concentrate producers' operating rate records 51.91% in Mar 15
5.5.Asian Metal Copyright2 China launches nationwide campaign to enhance mine safety 5 2.Asian Metal Copyright2 China's zinc concentrate producers' output up by 16.54% in Mar 16
5.5.Asian Metal Copyright3.Asian Metal Copyright3 China's zinc concentrate producers' stocks down by 42.39% MOM in late Mar 16
6 Consumers Statistics 17
6.1 China's refined zinc producers' zinc concentrate consumption up by 3.32% MOM in Mar 17
6.2 China's refined zinc producers' stocks of zinc concentrate down by 13.11% MOM in late Mar 17
7 Customs Statistics 18
7.1 China's zinc concentrate import volume increased 77.58% YoY in Feb 2023 18
7.2 China's refined zinc (Zn≥99.Asian Metal Copyright09% MOM in Mar 14 5.Asian Metal Copyright995%) export volume grew 114.37% MoM in Jan 2023 19
7.3 China's refined zinc (Zn≥99.Asian Metal Copyright3.Asian Metal Copyright995%) import volume declined 86.56% YoY in Jan 2023 20
7.4 China's refined zinc (Zn≥99.Asian Metal Copyright6 Zinc powder 96%min 325mesh 23 .Asian Metal Copyright995%) export volume grew 351.36% YoY in Feb 2023 21
7.5 China's refined zinc (Zn≥99.Asian Metal Copyright91% in Mar 15 5.Asian Metal Copyright995%) import volume rose 171.83% MoM in Feb 2023 22
8 Market Outlook for Next Month 23
8.1 Zinc ingot 99.995%min 23
8.2 Zinc concentrate 50% 23
8.3 Imported zinc concentrate 50%min TC 23
8.4 Zinc die-casting alloy 23
8.5 Zinc oxide 99.7%min 23
8.6 Zinc powder 96%min 325mesh 23


.Asian Metal Copyright11% MOM in late Mar 17 7 Customs Statistics 18 7Asian Metal Copyright