Group 1: Lead Market Insights - The International Lead and Zinc Study Group (ILZSG) forecasts a significant oversupply in the global refined lead market by 2026, with a surplus of 102,000 tons [1] - Global refined lead demand is expected to grow by 1.8% to 13.25 million tons in 2023 and by 0.9% to 13.37 million tons in 2026 [1] - Refined lead mine supply is projected to increase by 0.7% to 4.57 million tons in 2025 and by 2.2% to 4.67 million tons in 2026 [1] Group 2: Zinc Market Insights - Global refined zinc demand is anticipated to grow by 1.1% to 13.71 million tons in 2025 and by 1% to 13.86 million tons in 2026 [2] - Refined zinc metal production is expected to rise by 2.7% to 13.80 million tons in 2025 and further increase by 2.4% to 14.13 million tons in 2026 [2] - A surplus of 85,000 tons in refined zinc supply is expected in 2025, with the surplus projected to increase to 271,000 tons in 2026 [2]
ILZSG：2026年全球精炼锌、铅市场面临供应过剩
Wen Hua Cai Jing·2025-10-13 11:49