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Home / Metal News / WBMS: World Zinc Market in Severe Deficit in January-April despite More Output

WBMS: World Zinc Market in Severe Deficit in January-April despite More Output

iconJun 22, 2017 10:06
Source:SMM
World Bureau of Metal Statistics (WBMS) reported Wednesday global zinc supply was in 106,000 tonnes of deficit during January-April 2017, although output registered a 3.1% growth, wenhua.com reported.

SHANGHAI, Jun. 22 (SMM) - World Bureau of Metal Statistics (WBMS) reported Wednesday global zinc supply was in 106,000 tonnes of deficit during January-April 2017, although output registered a 3.1% growth, wenhua.com reported.

Zinc supply deficit was 236,000 tonnes in 2016. Zinc inventories declined 93,000 tonnes in April. LME zinc inventories fell 23,000 tonnes in April, and decreased 80,000 tonnes from the end of 2016.

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LME Zinc Inventories Fall to 9-Year Low, LME Zinc Surges to 2-Wk High on Anticipation of Pickup in Steel Plants Demand

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