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Home / Metal News / WBMS: Global Zinc Market Sees 86,000 tonnes Glut in First Quarter

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

May 18, 2017 10:15

Source:SMM

WBMS reported Wednesday global zinc market witnessed 86,000 tonnes of surplus during January-March, wenhua.com reported.

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

Recovery in Zinc Price Ratio to Precipitate More Zinc Imports to Shanghai, SMM Reports

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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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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

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