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  • Zinc Market Report October 2012

    2012-11-13 15:10:22   【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 financial overview. 1

    1.1.Asian Metal Copyright 2 Picture 2 China’s PMI index in 2011-2012.Asian Metal Copyright1 CPI up by 1.Asian Metal Copyright4 Die-casting zinc alloy market inactive in busy season.Asian Metal Copyright9% and PPI down by 3.6% YOY in September 1

    1.1.2 Chinese PMI picked up in October 2

    1.2 International financial overview. 3

    1.2.1 Futures prices of crude oil downward in October 3

    1.2.2 European economy remains depressed while US dollar index rebounds in concussion  4

    1.2.3 More uncertainty expected in non-ferrous metals industry due to sluggish global economy  5

    1.2.4 Zinc futures on the LME retreat sharply and stocks touch history high. 6

    1.2.5 Zinc concentrate prices decrease slightly in South America. 7

    2 Chinese domestic market review. 7

    2.1 Sluggish trading in Chinese zinc concentrate market 7

    2.2 Trading retreats greatly in Chinese zinc ingot market 9

    2.3 Little improvement in galvanization market 10

    2.4 Die-casting zinc alloy market inactive in busy season. 10

    2.5 Zinc oxide market 11

    2.5.1 Zinc oxide produced from zinc ingot market ran stable. 11

    2.5.2 Zinc oxide produced from zinc scrap market trade smooth. 12

    2.5.Asian Metal Copyright1.Asian Metal Copyright3 Zinc oxide 80-99.5% producers maintained low operating rates. 13

    2.6 zinc powder market 13

    2.6.1 Superfine zinc powder market slightly dull 13

    2.6.2 Metal zinc powder market inactive. 14

    3.6.3 Mercury-free zinc powder stable. 14

    2.7 Zinc chloride market has no improvement 15

    2.8 Zinc sulfate producers waiting market improvement 15

    3 Monthly output data. 16

    3.1 China zinc concentrate production increases by 11.6% YOY in September 16

    3.2 China’s refined zinc production down by 11.3% YOY in September 17

    3.3 China’s major zinc smelters’ operating rate up by 1.16% MOM in October 18

    3.2 China’s major die-casting zinc alloy producers’ operating rate up by 3.67% MOM in October 20

    3.3 China’s zinc oxide producers’ operating rate up by 54.64% in October 21

    4 Import and export data of zinc in China. 22

    4.1 Chinese import and export data of zinc by country in September 2012. 22

    4.2 China’s zinc concentrate import market may remain inactive in Q4. 25

    4.3 China refined zinc import in September touches 40-month high. 27

    4.4 China zinc oxide import up by 11.5% MOM in September 29

    4.5 China zinc powder import up greatly by 90% MOM in September 30

    4.6 Top ten Chinese zinc ore/concentrate importers September 2012. 31

    4.7 Top ten Chinese refined zinc importers Setember 2012. 32

    4.8 Top ten Chinese zinc oxide importers September 2012. 32

    4.9 Top ten Chines zinc powder importers September 2012. 33

    5 Company news. 33

    5.1 Huludao Zinc’s lead-zinc imperial smelting furnace resumes production in October 33

    5.2 Jinlin Mining suspends the lead and zinc smelting projects. 34

    5.3 Qinghai Zhufeng Zinc resumes zinc ingot production in October 34

    5.4 Huludao Zinc reduces zinc production. 34

    5.5 Zhesheng Lead-Zinc Mine to start operation in H1 of 2013. 34

    5.6 Qianxin Mining’s lead-zinc concentrator mill to halt production in late October 35

    5.7 Xiangyuan Waste Residue Treatment Company almost stops zinc ingot production  35

    5.8 Zhenjiang Hakusui Chemical reduced zinc oxide production. 35

    5.9 Fenghua Chemical halted zinc chloride production. 36

    6 Related industry developments. 36

    6.1 Chinese crude steel production reaches 542 million tons from January to September 2012  36

    6.2 Automobile marketing volume down by 1.75% YOY in September 36

    7 Outlook for November 37

     

     

     

     

    Picture 1 Chinese CPI and PPI trend 2011-2012. 2

    Picture 2 China’s PMI index in 2011-2012. 3

    Picture 3 Nymax WTI prices chart 4

    Picture 4 USD index chart 5

    Picture 5 3-month seller zinc on LME in October 2012 (USD/t) 6

    Picture 6 Zinc inventory on the LME in October 2012 (T) 7

    Picture 7 The price graph of zinc concentrate 50%min in the Chinese spot market in October (RMB/metal ton) 9

    Picture 8 The price graph of SHG zinc ingot in the Chinese spot market in October (RMB/t) 10

    Picture 9 The price graph of Zamak-3 zinc alloy in the Chinese spot market in October (RMB/t) 11

    Picture 10 The prices of rubber grade zinc oxide 99.7%min from zinc ingot in October (RMB/t) 12

    Picture 11 The prices of domestic 325 mesh zinc powder 98%min in October (RMB/t) 14

    Picture 12 China zinc chloride 98%min price in October 2012. 15

    Picture 13 China zinc concentrate production 2010-2012. 17

    Picture 14 China refined zinc production 2011-2012. 17

    Picture 15 Operating rates of major Chinese zinc ingot producers from January to October, 2012  18

    Picture 16 China’s major die-casting zinc alloy producers’ operating rate Jan-Oct 20

    Picture 17 Operating rates of China’s zinc oxide producers in October, 2012 (T) 22

    Picture 18 China zinc ore/concentrate import 2010-2012. 26

    Picture 19 China refined zinc import volume 2010-2012. 28

    Picture 20 China refined zinc export 2010-2012. 29

    Picture 21 China zinc oxide import volume in September 30

    Picture 22 China zinc powder and flake powder import volume in September 31

     

    Table 1 Prices of zinc oxide 99.7%min produced from zinc scrap in domestic market 13

    Table 2 Refined zinc, zinc alloy, zinc concentrate/ore import and export in September 2012  22

    Table 3 China zinc oxide and flake powder import from 2009 to 2012UnitKg. 29

    Table 4 China zinc powder and flake powder import from 2009 to 2012UnitKg. 30

    Table 5 China’s top 10 zinc ore/concentrate import companies in September 2012. 31

    Table 6 China’s top 10 refined zinc import companies in September 2012. 32

    Table 7 China’s top 10 zinc oxide import companies in September 2012. 32

    Table 8 China’s top 10 zinc powder import companies in September 2012. 33

    .Asian Metal Copyright2 China’s major die-casting zinc alloy producers’ operating rate up by 3Asian Metal Copyright
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