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  • Zinc Market Report March 2012

    2012-04-26 11:42:18   【Print】
    The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
    Please contact us for a subscription.

    Introduction. 1

    1 Macro-economy news. 1

    1.1 Chinese domestic news. 1

    1.1.1 Festival Growth rate of CPI fell back in February. 1

    1.1.2 PMI continues to increase and concerns on economic ease in March. 2

    1.1.Asian Metal Copyright5 China zinc powder import up by 9.Asian Metal Copyright3 Economic growth rate decreases to 7.5% for the first time in the past 8 years in 2012  3

    1.2 International news. 3

    1.2.Asian Metal Copyright 9 3.Asian Metal Copyright1 Greece finishes bond replacement of EUR177.2b. 3

    1.2.2 Crude oil prices fell back due to easing situation in the Middle East 4

    1.2.3 US economy recovers slowly and USD to rebound. 4

    1.2.4 Large difference occurred in gold market and prices decreased with fluctuations  5

    1.2.5 Chinese worries drag down Zinc futures on the LME. 6

    3 Chinese domestic market review. 7

    3.1 Zinc concentrate still in tight supply in Chinese market 7

    3.2 Zinc ingot prices move down and demand improves slowly. 8

    3.3 Galvanized sheet/pipe market improves obviously. 9

    3.4 Die-casting zinc alloy market improves slowly. 9

    3.5 Zinc oxide market 10

    3.5.1 Zinc oxide produced from zinc ingot market kept dull 10

    3.5.2 Zinc oxide produced from zinc scrap market quiet 11

    3.5.3 Direct zinc oxide deals slow. 12

    3.6 zinc powder market 12

    3.6.1 Superfine zinc powder market remained sluggish. 12

    3.6.2 Metal zinc powder market keeps dim. 13

    3.6.3 Mercury-free zinc powder remained flat 13

    3.7 Zinc chloride market stable but price chaotic. 14

    3.8 Zinc sulfate market active. 14

    4 Monthly output data. 15

    4.1 China’s major zinc smelters’ operating rate reaches 69.74% in March. 15

    4.2 Zinc oxide output increased by 3.1% MOM in Match. 16

    5 Import and export data of zinc in China. 17

    5.1 Chinese import and export data of zinc by country in February, 2012. 17

    5.2 China zinc concentrate import up by 4.82% in February 2012. 19

    5.3 China refined zinc import up by 133% YOY in February 2012. 20

    5.4 China zinc oxide import down by 48.7% MOM in February. 21

    5.5 China zinc powder import up by 9.68% MOM in February. 22

    5.6 Top ten Chinese zinc ore/concentrate importers February 2012. 24

    5.7 Top ten Chinese refined zinc importers February 2012. 24

    5.8 Top ten Chinese zinc oxide importers February 2012. 25

    5.9 Top ten Chines zinc powder importers February 2012. 25

    6 Company news. 26

    6.1 Danxia Smelter stops zinc ingot production for maintenance. 26

    6.2Junlei Zinc begins 50,000tpy of zinc smelting project 26

    6.3 Hechi Nanfang to resume zinc ingot production in April 26

    6.4 Baohui Group to resume zinc ingot production in late April 27

    6.5 Xichang Zinc stops zinc ingot production for power shortage. 27

    6.6 Nanjing Shuangxiu expands zinc oxide capacity. 27

    6.7 Helin Industry’s first stage zinc oxide project comes on stream in May. 27

    6.8 Kunming Zhongxin Technology examines zinc powder equipment 27

    6.9 Jiangsu Kunda Zinc’zinc powder project comes on stream. 28

    6.10 Dongfangsheng becomes the largest zinc chloride producer in China. 28

    6.11 Runxiang Technology puts into zinc sulfate operation in 27 March. 28

    7 Related industry developments. 28

    7.1 Crude steel output increases by 2.2% YOY in China in the first two months of 2012  28

    7.2 production and marketing volumes increased YOY and MOM in February. 29

    7.3 Ship industry ‘12 5’ development plan: became shipbuilding country in world. 29

    8 Outlook for April 30

     

     

     

     

    Picture 1 CPI and PPI in China from Jan 2011 to Feb 2012. 2

    Picture 2 Chinese PMI from Jan 2011 to Mar 2012. 3

    Picture 3 US crude oil futures prices 2012. 4

    Picture 4 USDX trend in March,2012. 5

    Picture 5 International gold price in March, 2012. 6

    Picture 6 Zinc futures on the LME in March, 2012. 7

    Picture 7 The price graph of zinc concentrate 50%min in the Chinese spot market in March  8

    Picture 8 The price graph of SHG zinc ingot in the Chinese spot market in March. 9

    Picture 9 The price graph of Zamak-3 zinc alloy in the Chinese spot market in March. 10

    Picture 10 The prices of rubber grade zinc oxide 99.7%min from zinc ingot in March. 11

    Picture 11 The prices of domestic 325 mesh zinc powder 98%min in March. 13

    Picture 12 China zinc chloride 98%min price in March 2012. 14

    Picture 13 Major Chinese zinc smelters’ output by region in March, 2012. 16

    Picture 14 Major Chinese zinc oxide’ output by region in March 2012. 17

    Picture 15 China zinc ore/concentrate import 2011-2012. 20

    Picture 16 China refined zinc import volume 2011-2012. 20

    Picture 17 China zinc oxide import volume in February. 22

    Picture 18 China zinc powder and flake powder import volume in February. 24

     

    Table 1 Prices of zinc oxide 99.7%min produced from zinc scrap in domestic market 12

    Table 2 Operating rates of zinc ingot producers with different scales in March. 15

    Table 3 Data of refined zinc, zinc alloy, zinc concentrate/zinc ore in February,2012. 17

    Table 4 China zinc oxide and flake powder import from 2009 to 2012. 21

    Table 5 China zinc powder and flake powder import from 2009 to 2012. 23

    Table 6 China’s top 10 zinc ore/concentrate import companies in February 2012. 24

    Table 7 China’s top 10 refined zinc import companies in February 2012. 25

    Table 8 China’s top 10 zinc oxide import companies in February 2012. 25

    Table 9 China’s top 10 zinc powder import companies in February 2012. 26

    .Asian Metal Copyright 16 Picture 14 Major Chinese zinc oxide’ output by region in March 2012Asian Metal Copyright
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