SMM June 22 News：
According to the latest customs data, China imported 2,622.81 tonnes of die-casting zinc alloy in May 2026, up 1.88 percentage points month-on-month. From January to May, China's cumulative imports of die-casting zinc alloy reached 13,258.95 tonnes, down 30.39 percentage points year-on-year.
In terms of exports, China exported 1,789.48 tonnes of die-casting zinc alloy in May 2026, up 13.32 percentage points month-on-month. From January to May, China's cumulative exports of die-casting zinc alloy totaled 5,087.80 tonnes, up 115.80 percentage points year-on-year.
Based on the detailed import and export data for May:
On the import side (total 2,622.808 tonnes), supply sources are concentrated in Asia and Oceania, with Asia accounting for nearly 80% of the total.
- Imports from South Korea reached 1,033.920 tonnes, accounting for 39.42%, down 37.094 tonnes month-on-month;
- Imports from Australia reached 502.445 tonnes, accounting for 19.16%, up 80.982 tonnes month-on-month;
- Imports from Japan reached 376.173 tonnes, accounting for 14.34%, down 146.705 tonnes month-on-month;
- Imports from Thailand, Cambodia, and Malaysia increased by 54.016 tonnes, 194.248 tonnes, and 71.128 tonnes month-on-month, respectively.
On the export side (total 1,789.476 tonnes), exports are highly concentrated in Asia, accounting for over 97% of the total.
- Exports to Taiwan, China reached 789.307 tonnes, accounting for 44.11%, up 393.091 tonnes month-on-month;
- Exports to Vietnam reached 784.782 tonnes, accounting for 43.86%, down 46.092 tonnes month-on-month;
- Exports to Bangladesh reached 86.384 tonnes, accounting for 4.83%, down 72.033 tonnes month-on-month;
- Saudi Arabia saw new exports of 50 tonnes, while Thailand and Cambodia also increased by 1.63 tonnes and 0.54 tonnes, respectively.
The detailed import and export breakdown for May die-casting zinc alloy is attached in the chart below:
Outlook:
In June, the domestic-to-foreign zinc price ratio continues to fluctuate at a low level, with the external market premium supporting overseas demand for China's die-casting zinc alloy procurement. At the same time, domestic spot prices remain cost-competitive, and industry overcapacity is suppressing import inflows. It is expected that in June, die-casting zinc alloy exports will continue their year-on-year upward trend, while imports will continue to weaken year-on-year, maintaining a diverging pattern.
