ILZSG: World Zinc Deficit Intensifies Remarkably despite Big Growth in Output January-May

Published: Jul 18, 2017 10:15

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International Lead & Zinc Study Group (ILZSG) reported global zinc supply deficit expanded to 178,000 tonnes during January-May, compared to 133,000 tonnes deficit in the same period of 2016, accordin

SHANGHAI, Jul. 18 (SMM) - International Lead & Zinc Study Group (ILZSG) reported global zinc supply deficit expanded to 178,000 tonnes during January-May, compared to 133,000 tonnes deficit in the same period of 2016, according to wenhua.com.

Global zinc ore production increased 6.3% on a yearly basis to 5,375,000 tonnes during January-May.

Zinc Prices to Stay at High Levels This Week, SMM Foresees

Global zinc supply deficit narrowed to 40,300 tonnes in May. Supply deficit was revised to 108,200 tonnes in April.

Zinc Inventories Post Further Growth in China Major Markets, SMM Reports

ILZSG said zinc inventories at consumers, producers and bourses fell from 1,260,400 tonnes to 1,208,300 tonnes in May.

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