Commodity Market Report
Global zinc short-term outlook February 2022
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The conflict in Ukraine had no impact on the zinc price which ended February at close to where it began the month at around $3640/t. This reflects Ukraine’s modest importance as a zinc consumer. With Ukraine’s 500kt of continuous galvanizing capacity being idled, the zinc normally destined for the country will be readily re-directed into the tight refined markets in other parts of the world. The more profound impacts for zinc will be indirect
Table of contents
- Market Developments
- Europe
- China
- Concentrate market
- Mine production
- Mine production news
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Smelter production
- Smelter production news
Tables and charts
This report includes the following images and tables:
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Zinc shrugs off Russia/Ukraine conflictDespite the seasonal rise in China, exchange stocks remain lowPrice forecasts and global quarterly supply and demand balance
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Global trade has passed its peak, but is still above pre-pandemic levelsEurope's economy gains momentum in FebruaryGalvanized sheet and metallic coated sheet productionKey indicators of zinc consumptionTreatment charges $/t of concentrateAnnual concentrate balancesMine disruption allowance breakdownZinc mine capability, market adjustment and production (kt Zn)Global zinc consumption - (kt Zn)
- 5 more item(s)...
What's included
This report contains:
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