Shorts covering, page-7

Looking beyond the standard cyclical factors it’s clear that economic conditions are not favourable in zinc consumer countries, including China where exports have fallen to a three year low.

Expectations re an imminent US-China trade deal papered over some of these unpleasant cracks, but as a settlement continues to be delayed pessimism again creeps in and demand tapers off

Not meaning to disgregard your opinion btw. Just find it unhelpful when posters focus exclusively on inventories. Its akin to walking to a deserted ghost town, observing a vending machine is low on Coca Cola, and concluding demand for the beverage in the town must be very high