0# zinc is the only product retaining five percent export rebate when China revoked all the export rebates on zinc concentrate last year.

   According to Zhou Guobao, head of the Lead and Zinc Department of the association, China exported 340,000 tons of zinc in 2006, rising about 10 percent year on year.

   Zhou forecast that the market demand for zinc would increase bout 10 percent this year.

   Zhou held that the price of zinc is expected to fluctuate at a high level, but ruling out the possibility of sharp ups and downs of the price.

   The price of zinc is estimated at 28,000-30,000 yuan per ton in China, and 3,200-3,500 US dollars per ton on international market.

   It is learned that the policy on canceling the export rebate on 0# zinc will be soon submitted to the State Council for approval, and is expected to be published soon.

   China has adopted tariff policy in control of export of iron and steel, ferrous metal and nonferrous metals, which is regarded as a measure taken by the state to balance the trade and control export of resource-based products.