Global zinc short-term outlook October 2022 Report

Commodity Market Report 31 October 2022

This report is currently unavailable

Share link

First name
Last name
Job Title
Company
Email
Telephone

Country

Message

Consent

Please keep me informed about Wood Mackenzie products, services and events.

Submit Category

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders
- Find out more about subscriptions

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Report summary

Unrelenting negative news weighed heavily on the zinc price in October. Rising interest rates and inflationary pressures in the US and Europe and fresh covid lockdowns in China offset the fact that the month of October was bookended by the closure of Budel and Nordenham. Consequently the price drifted lower. The evident tightness of the European market is making the discussions for next year's annual contract premiums difficult. The key uncertainty is if and when the idled smelters will restart and the performance and survivability of the remaining plants.

Market Developments
Europe
China
Concentrate markets
Production News
- Current mine developments
- Corporate activity
- Smelter production
- Current smelter developments

Tables and charts

This report includes the following images and tables:

Zinc slides lower amid macro-economic uncertainty
A plunge in Korean exports to China has seen material redirected to the US and maybe Europe
Cancelled warrants point to further declines in LME stocks

Price forecasts and global quarterly supply and demand balance
Downturn in global manufacturing heralds drop in international trade and zinc demand?
Galvanized sheet and metallic coated sheet production
Key indicators of zinc consumption
Treatment charges $/t of concentrate
Comparison of revenue from different treatment charges
Chinese concentrate imports (kt gross weight concentrate)
Mine disruption allowance breakdown
8 more item(s)...