IBG 0.00% 0.3¢ ironbark zinc ltd

The world bank forecast data cited seems to be from a 2015...

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    The world bank forecast data cited seems to be from a 2015 document.

    In April, the World Bank had this to say about Zinc:

    Zinc prices rose more than 4 percent in 2021Q1,
    following double-digit increases in the previous
    two quarters. The price increase has been
    supported by robust Chinese infrastructure
    demand, rebounding global auto output, and
    surging demand for consumer durables (zinc is
    used to galvanize steel). On the supply side, zinc
    mines have been hit hard by COVID-19 related
    disruptions, especially in South America. Seasonal
    suspensions of several mines in Northern China
    impacted supplies, as did a temporary halt to
    operations in South Africa due to a mine accident,
    that have added to a tight concentrate market.
    China's future mine and smelter growth is at risk
    from safety and environmental protections. Zinc
    prices are forecast to increase 19 percent in 2021,
    before falling 11 percent in 2022 as production
    picks up and Chinese demand tapers as stimulus
    measures are scaled back.
    These forecasts represent substantial upward
    revisions relative to October’s outlook. There are
    still upside risks in the near term, which include
    the proposed $2 trillion infrastructure spending
    bill in the U.S. and the global energy transition
    towards green growth, which will support prices
    across the metals complex, particularly aluminum,
    copper, and nickel. The main downside risks are
    renewed COVID-19 outbreaks, compounded by
    emergence of new variants or vaccine hesitancy,
    and a faster-than-expected moderation of Chinese
    stimulus and credit.

    Commodity Markets Outlook: Causes and Consequences. April 2021. (worldbank.org)

    The IISA forecast also seems to be from 2019, pre-pandemic. Knoema.com seems to be the only site presenting these figures as still relevant in 2021.

    If anyone finds up to date source data consistent with what's published at the knoema.com link, I'd appreciate it.

 
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