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WBMS: From January to December of 2021, the global zinc market was short of 26100 tons


Published:

2022-02-25

According to the latest report data released by the World Bureau of Metals Statistics (WBMS) on Wednesday, there will be a shortage of 26100 tons in the global zinc market from January to December 2021, and a surplus of 632000 tons in 2020.

According to the latest report data released by the World Bureau of Metals Statistics (WBMS) on Wednesday, there will be a shortage of 26100 tons in the global zinc market from January to December 2021, and a surplus of 632000 tons in 2020.

From January to December, it was reported that the inventory decreased by 69800 tons, including a net increase of 25000 tons in the previous period. LME inventory is 20700 tons higher than that at the end of 2020.

LME inventory accounts for about 33% of global total inventory, most of which are located in Asian and American warehouses.

The global refined zinc output decreased by 0.05% year on year, and the demand increased by 4.9%.

From January to December 2021, Japan's apparent demand will be 540700 tons, 50% higher than the same period in 2020.

The global zinc demand from January to December 2021 is 651000 tons higher than that in the same period of 2020. China's apparent demand is 700500 tons, accounting for 50% of the world's total.

In December, the output of zinc plate was 1.1936 million tons, and the demand was 1.1384 million tons.

key word:

WBMS

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