Name: Global zinc short-term outlook February 2021
Brand: Wood Mackenzie
SKU: 135537
Price: 5000 USD
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Author: Wood Mackenzie

Commodity Market Report 26 February 2021

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            <h3 class="mega store_featured_content_extrabold store_font_black">Report summary</h3>
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January's almost $300 retreat in the zinc price proved short lived, and the zinc price along with the rest of the base metal complex on the LME rallied in February. The rally saw the zinc price test resistance at $2900 and the cash to three months spread narrow. A key driver behind investors’ enthusiasm for commodities has been the robust recovery of manufacturing activity and expectations of economic growth gaining momentum. Worries over the inflationary impact of government stimulus may also be encouraging some investors to look to commodities as a means of hedging against inflation. The first-round offers and bids in negotiations for annual contract treatment charges were very low from the mines and high from smelters. Setting initial bids and offers very far apart is traditional in this industry.</div>
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                    <h3 class="alpha push-half--bottom">Table of contents</h3>

<li class="list__item-toggle font-semibold">
        Market Developments
    </li>

<li class="list__item-toggle font-semibold">
        Global
    </li>

<li class="list__item-toggle font-semibold">
        United States
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<li class="list__item-toggle font-semibold">
        Japan
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<li class="list__item-toggle font-semibold">
        Concentrate market
    </li>

<li class="list__item-toggle font-semibold">
        Mine production
    </li>

<li class="list__item-toggle font-semibold">
        Mine production news
    </li>

<li class="list__item-toggle font-semibold">
        Smelter production
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<li class="list__item-toggle font-semibold">
        Smelter production news
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<h3 class="alpha push-half--bottom">Tables and charts</h3>

<p class="push-half--bottom">This report includes the following images and tables:</p>

<ul class="list list--bullets">
         <li class="list__item push-quarter--bottom">Copper leads prices higher</li><li class="list__item push-quarter--bottom">Seasonal surge for Shanghai stocks</li><li class="list__item push-quarter--bottom">Uptick in cancelled warrants could signal further declines in LME stocks</li>
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        <ul class="list list--bullets panel-toggle" id="c6b6c568d9dd43f8885820bb75714899">
            <li class="list__item push-quarter--bottom">Price forecasts and global quarterly supply and demand balance</li><li class="list__item push-quarter--bottom">Vaccination programmes have yet to have a major impact on economic activity in the service and construction sectors in many parts of the world</li><li class="list__item push-quarter--bottom">Rising automotive sales are being met by inventory drawdown, not rising production</li><li class="list__item push-quarter--bottom">Key indicators of zinc consumption</li><li class="list__item push-quarter--bottom">Treatment charges $/t of concentrate</li><li class="list__item push-quarter--bottom">Quarterly concentrate balances</li><li class="list__item push-quarter--bottom">Concentrate balances</li><li class="list__item push-quarter--bottom">Mine disruption allowance breakdown</li><li class="list__item push-quarter--bottom">Zinc mine capability, market adjustment and production (kt Zn)</li>
                <li>6 more item(s)...</li>
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<h3 class="alpha push-half--bottom ">What's included</h3>
<p class="push-half--bottom ">This report contains:</p>
<ul class="list"><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >Global zinc short-term outlook February 2021</p>
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