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Metals market watchers upbeat on 2023 price, demand prospects after sluggish start

Metals market watchers upbeat on 2023 price, demand prospects after sluggish start
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Goehring & Rozencwajg Q2 2022 Natural Resource Market Commentary

Chinese alumina producers turn to Southeast Asia to combat strict energy goals, rising costs

Chinese companies are setting up more alumina production facilities in Southeast Asia and moving away from mainland China because of the country's strict focus on curbing energy use and to combat rising production and labor costs, market participants told Fastmarkets.

From January to December of WBMS:2021, the global tin market has a surplus of 2100 tons _SMM

[global tin market oversupply 2100 tons from January to December of WBMS:2021] data released by WBMS on Wednesday showed that the global tin market had an oversupply of 2100 tons from January to December 2021. From January to December of 2021, it is reported that the output of refined tin increased by 3000 tons over the same period last year.

From January to November of WBMS:2021, there is a shortage of 193800 tons of lead in the global lead market _SMM

[global lead market supply shortage of 193800 tons from January to November of WBMS:2021] according to a report released by the World Bureau of Metals Statistics ((WBMS)) on Wednesday, the global lead market has a supply shortage of 193800 tons from January to November 2021, up from 112200 tons in 2020. Total inventories at the end of November were 8600 tons lower than at the end of 2020.

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