Commodity Market Report
Zinc strategic planning outlook Q2 2024
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Report summary
A combination of a modest improvement in demand and increased investor interest has seen the zinc price touch $3000/t in recent weeks. With the concentrate market continuing to tighten and spot treatment charges falling to record lows, there is a real risk that smelter production will be severely constrained in the coming months. However, in the medium term rising mine production will ease the tightness and see the refined market move to surplus. Read further in our latest Global zinc strategic planning outlook for details on: Our latest country by country demand forecasts Our revised projections for mine and smelter production Our supply and demand analysis out to 2050 Our latest long-term price forecasts
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