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Zinc Demand May Rise by 1.9 Million MT in Next Three Years: IZA
Apr. 08, 2014 11:15AM PST
Base Metals Investing Platts reported that according to Stephen Wilkinson, director of the International Zinc Association (IZA), new initiatives could add 1.9 million metric tons (MT) of demand to the zinc market over the next three years.
Platts reported that according to Stephen Wilkinson, director of the International Zinc Association (IZA), new initiatives could add 1.9 million metric tons (MT) of demand to the zinc market over the next three years.
As quoted in the market news:
Speaking at the Metal Events 6th International Zinc conference in Dubai Wilkinson said that zinc is essential for human health and that one of the key areas of demand will come from the addition of zinc to fertilizers.
He laid out data that showed vastly improved crop yields when zinc is added to the fertilizer blend.
The main areas of potential demand growth were noted as China, India and Brazil — with all three countries having the opportunity for 300,000 mt of growth in zinc demand over the next three years