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15/03/12
09:24
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METALS-China demand fears drag copper down from 1-wk high
You can see at the bottom they quote a surplus of 22,400t, which has already been absorbed by the LME.
It's the lowest zinc surplus in January in 3 years and is almost half of other years.
2009 - 40,000t surplus
2010 - 75,500t surplus
2011 - 35,300t surplus
2012 - 22,400t surplus
I will have some more data tomorrow about zinc the outlook for demand/supply over 2012. I hope.
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