North European zinc premium at new high; Asian stocks go westward

Zinc markets in the west were still in favor of sellers, with premiums in northern Europe and the United States climbing to more historic highs, while the lull before the lunar new year holiday led to a quiet market in Asia in the week to Tuesday January 25.

• Zinc premium reaches new historic high in northern Europe although unchanged in the south
• Industry solidarity emerges among European zinc consumers
• Spot availability from Glencore’s Portovesme smelter muted

• Zinc...

Published

Yiwen Ju

Yasemin Esmen

Callum Perry

Jinfan Yang

January 26, 2022

13:25 GMT

Shanghai, London, New York