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2010 February Zn Imports and Exports Data Analysis

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2010 February Al Output Data Analysis

SHANGHAI, Mar. 29 (SMM) -- 
Zinc Concentrate: 
According to China Customs, China's imports of zinc concentrate were 325 kt during February, down 4.4% MoM, and with YTD imports at 665 kt, up 33.6% YoY.&nbsp; China's dependence on imported zinc concentrate continues to grow as demand for raw materials by domestic smelters increases.&nbsp; However, zinc concentrate imports during February were down slightly compared with January due to the Chinese New Year holiday period.&nbsp;&nbsp;SMM predicts imports of zinc concentrate will increase significantly during March.
Refined Zinc: 
According to China Customs, China's imports of refined zinc were 14 kt duirng February, down 51.7% MoM, while&nbsp; YTD imports were 43 kt, down 52% YoY.&nbsp; Dramatic declines in refined zinc imports were due primarily to the Chinese New Year holiday period and an&nbsp; unfavorable SHFE/LME zinc price ratio near 8.0.
China's exports of refined zinc were 5,833 mt during February, down 40% MoM, while YTD exports were 16 kt, up 408.1% YoY.&nbsp; Although exports of refined zinc were up sharply on a yearly basis, there is need for further development of exports in 2010.
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2010 February Zn Imports and Exports Data Analysis | SMM

2010 February Zn Imports and Exports Data Analysis

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