MetalBulletin Research
The world's leading independent provider of market analysis for the global metals and mining industry

Change font size:   

March 2018 | Base Metals

Zinc: Fundamental assumptions reviewed

We have rebased our historical supply-demand data this week and reviewed our forecast assumptions. We now see a slightly tighter global refined zinc market in 2018-19. But our price forecasts remain unchanged.

Supply: Growth forecasts raised as concentrate supply recovers

There are a lot of developments taking place at the mine stage of the supply chain. The pace and timing of these will be a key factor shaping the overall fundamental picture. Guidance from the zinc miners we activity monitor, which covers around 70% of global production outside of China, implies production will increase 7.8% or 386,000 tonne in 2018, and a further 8.4% or 489,700 tonnes in 2019. This should be supplemented by stronger output from Chinese mines, forecast by Antaike to rise by 3.5% this year. This improved availability in the zinc concentrate market should lead to an incremental recovery in refined zinc production, particularly in...


You must be a paid subscriber to view the full content.
Content over 60 days old can only be accessed by subscribers.
Call +44(0)20 7779 8000 with your credit card details or subscribe online.


Receive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts. Plus download the latest issue as soon as it’s published.


Already subscribed?

Back to top MetalBulletin Research