Goldman Sachs: Expects a slight surplus in the global zinc market this year

Wallstreetcn
2026.02.13 00:02

Goldman Sachs stated that it expects a slight surplus in the global zinc market this year, primarily driven by increased mine supply and the destocking of concentrates, while demand remains stable. However, the investment bank pointed out that it anticipates a significant slowdown in mine supply growth in 2027 and 2028, at which point markets outside of China will shift to a shortage