Commodity Market Report
Global zinc short-term outlook September 2021
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The zinc price edged upwards in September, however, there was some volatility. One of the headwinds faced this month was the news of indebted Chinese real-estate company, Evergrande. Support was provided to zinc from fears of the growing risk to smelter production in China and Europe. Read further in our latest Global zinc short-term outlook for details on: Our revised outlook for Chinese zinc consumption and insight on US manufacturing activity Refined production cuts in China and Europe related to power rationing and high power prices The state of the concentrate market and treatment charges The Wood Mackenzie price forecast to 2023
Table of contents
-
Market Developments
- Changes to forecast
- China
- USA
- Concentrate market
- Mine production
- Mine production news
- Smelter production
Tables and charts
This report includes 20 images and tables including:
- Disappointing performance from Chinese smelters in August
- Exchange stocks move a little lower in September
- Investment fund long positions inch higher in zinc
- Price forecasts and global quarterly supply and demand balance
- President Biden’s $1.2 trillion Infrastructure and Jobs Act targets zinc intensive sectors
- Galvanized sheet and metallic coated sheet production
- Key indicators of zinc consumption
- Treatment charges $/t of concentrate
- Chinese concentrate imports (kt gross weight concentrate)
- Annual concentrate balances
- Mine disruption allowance breakdown
- Zinc mine capability, market adjustment and production (kt Zn)
- Index of Chinese smelter production
- Global zinc consumption - (kt Zn)
- Global zinc mine production (kt Zn)
- Global zinc smelter production (kt Zn)
- Zinc stocks, prices and premiums
- Chinese trade data (kt)
- Global slab zinc supply/demand balance (kt)
- Cumulative changes to consumption forecasts for the period 2021-2023
What's included
This report contains:
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