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Home / Metal News / WBMS: World Zinc Deficit Shrinks January-May from 2016

WBMS: World Zinc Deficit Shrinks January-May from 2016

iconJul 20, 2017 10:06
Source:SMM
Global zinc market deficit was 181,000 tonnes in the first five months of the year, narrowing from 236,000 tonnes in 2016, according to World Bureau of Metal Statistics (WBMS).

SHANGHAI, Jul. 20 (SMM) - Global zinc market deficit was 181,000 tonnes in the first five months of the year, narrowing from 236,000 tonnes in 2016, according to World Bureau of Metal Statistics (WBMS).

Zinc inventories in its May’s report declined 53,000 tonnes.

NBS Releases China Base Metals Output in June

LME zinc inventories decreased 18,000 tonnes in May, and those at the end of the month were down 98,000 tonnes from late 2016.

Kazakhstan Copper, Steel Output Skyrockets in First Half, Zinc Output down

LME zinc inventories account for 39% of global total. China’s demand weakened 0.6% on a yearly basis during January-May 2017.

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