WBMS: Global Zinc Market Sees 86,000 tonnes Glut in First Quarter

SHANGHAI, May 18 (SMM) - WBMS reported Wednesday global zinc market witnessed 86,000 tonnes of surplus during January-March, wenhua.com reported.

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World’s zinc market was in a 235,000 tonnes of deficit in 2016. Global zinc inventories fell 39,000 tonnes, according to WBMS March report.

LME zinc inventories decreased 13,000 tonnes in March, with those in late March down 57,000 tonnes compared to late 2016.

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