LME WEEK 2021: European zinc producers' annual offers to double in 2022

October 14, 2021 / www.metalbulletin.com / Article Link

Major European zinc producers intend to significantly raise the annual contractual premiums in 2022, citing higher production costs and strong demand, Fastmarkets has learned during LME Week 2021.

Offers were likely to be made close to or higher than $200 per tonne, nearly double the levels seen in 2021, which came in a range of $95-110 per tonne.
The offer levels were also higher than the current spot prices in Northern Europe. Fastmarkets assessed the zinc SHG, min 99.995% ingot premium, dp fca Rotterdam, at $160-180 per tonne on Tuesday October 12, with supply in the region still insufficient.
"We have an interesting fourth quarter [of the year] ahead of us," one producer source said.

The spot market began to be strained around summer this year, when zinc buyers found themselves short of metal...

Recent News

Bank of Japan boosts rates, continuing an unwinding carry trade

December 22, 2025 / www.canadianminingreport.com

Gold stocks outperform equity market slide

December 22, 2025 / www.canadianminingreport.com

Silver inventories rebound in UK, output from major producers rises

December 15, 2025 / www.canadianminingreport.com

Silver's three-month outperformance continues

December 15, 2025 / www.canadianminingreport.com

Silver & Copper Supply Distortions Continue

December 08, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok