SMM July 21 News:
According to the latest customs data, in June 2026, China imported 2,619.61 mt of die-casting zinc alloy, edged down 0.12% MoM (2,622.81 mt in May) and down 43.38% YoY; cumulative imports from January to June were 15,878.56 mt, down 32.93% YoY.
On the export side, in June 2026, China exported 1,994.54 mt of die-casting zinc alloy, up 11.46% MoM (1,789.48 mt in May) and surged 220.59% YoY; cumulative exports from January to June totaled 7,082.34 mt, up 137.68% YoY.
From the details of June imports and exports:
Imports: Sources are highly concentrated in Asia and Australia, with Asia accounting for over 80%.
By country and region:
Imports from South Korea were 1,036.745 mt, 39.58%, the largest source country;
Japan: 518.251 mt, 19.78%;
Australia: 370.232 mt, 14.13%;
Thailand: 280.917 mt, 10.72%;
Philippines: 100.355 mt, 3.83%;
Indonesia: 97.94 mt, 3.74%;
Hong Kong, China: 68.347 mt, 2.61%;
Belgium: 44.738 mt, 1.71%;
Taiwan, China: 42.297 mt, 1.61%;
Malaysia: 38.766 mt, 1.48%;
The rest came from France (20.5 mt), Russia (0.507 mt), Italy (0.006 mt), and China (0.006 mt).
Exports: Exports are highly concentrated in Asia, accounting for over 97%.
By country and region:
Exports to Vietnam were 799.864 mt, 40.10%, the largest export destination;
Taiwan, China: 612.266 mt, 30.70%;
India: 242.059 mt, 12.14%;
Thailand: 172.922 mt, 8.67%;
Bangladesh: 79.283 mt, 3.98%;
Saudi Arabia: 53.989 mt, 2.71%;
Paraguay: 23.946 mt, 1.20%;
Indonesia: 7.318 mt, 0.37%;
Minor exports were to Brazil (1.1 mt), Russia (0.918 mt), French Polynesia (0.775 mt), Spain (0.058 mt), Germany (0.032 mt), and the UK (0.013 mt).
Looking ahead:
Export side, in July, the price spread between Chinese and overseas markets continued the pattern of LME outperforming SHFE. Amid a weak SHFE/LME zinc price ratio, China’s die-casting zinc alloy exports have a significant advantage. According to SMM, downstream enterprises in Southeast Asia have recently shown some procurement demand for domestically produced die-casting zinc alloy, and exports are expected to maintain strong momentum going forward.
Import side, constrained by the seasonal off-season in domestic consumption, coupled with an unfavorable SHFE/LME price ratio for imports, demand for imported die-casting zinc alloy is expected to remain sluggish, with YoY growth rate expected to continue weakening.
(The above information is based on market collection and comprehensive assessment by the SMM research team. The information provided is for reference only. This article does not constitute direct investment, research, or decision-making advice. Clients should make prudent decisions and not use this as a substitute for independent judgment. Any decisions made by clients are unrelated to SMM.)
