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The
International Lead and Zinc Study Group (ILZSG) released preliminary data
for world zinc supply and demand during the first four months of 2019.
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World Refined Zinc Supply and Usage
2014 - 2019
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000 tonnes
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2014
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2015
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2016
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2017
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2018
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2018
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2019
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2019
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Jan-Apr
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Jan
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Feb
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Mar
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Apr
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Mine Production
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13418
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13626
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12604
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12527
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12743
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4126
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4188
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1005.9
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942.5
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1104.6
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1134.6
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Metal Production
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13398
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13812
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13579
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13222
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13169
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4350
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4250
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1061.1
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1008
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1081.1
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1099.9
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Metal Usage
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13675
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13643
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13707
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13683
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13678
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4403
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4347
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1058.6
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975.1
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1129.8
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1183.9
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l
According
to preliminary data recently compiled by the ILZSG, the global market for
refined zinc metal was in deficit by 97kt over the first four months of
2019 with total reported inventories increasing by 10kt.
l
World
zinc mine production rose by 1.5%, mainly influenced by a substantial
increase in Australia, and rises in Europe, Namibia and South Africa.
Output was lower in China, India, Mexico, Peru and the United States.
l
Higher
refined zinc metal production in Mexico and Peru was more than balanced by
decreases in China, India and the Russian Federation, resulting in an
overall reduction globally of 2.3%.
l
A
1.3% fall in global usage of refined zinc metal was mainly influenced by a
reduction in apparent demand in China. In Europe, India, Japan and the
United States, usage remained at a similar level to that in the same
period of 2018.
l
Chinese
imports of zinc contained in zinc concentrates fell by 8.9% to 439kt. Net
imports of refined zinc metal totalled 215kt, an increase of 28% compared
to the first four months of 2018.
Source:
ILZSG
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