WBMS: World Zinc Market In 341,000-ton Surplus January-May

LONDON, Jul. 20 (Dow Jones) -- The global zinc market was in a 341,000-metric-ton surplus between January and May this year, the World Bureau of Metal Statistics said Wednesday.

That compares with a surplus of 415,000 tons recorded in the whole of 2010, it said.

Zinc mine production rose by 1.8%, while demand only increased 0.6%, the WBMS said, without detailing total tonnage.

The rise in total demand did, however, include a 4.3% jump in Chinese apparent demand, it said.