ilzsg - zinc forecast, page-2

I forgot to mention one more stat and key change.

The last forecast in 2011 showed.

Mine supply growing by 4.3% and demand for refined zinc growing by 2.2% thus creating surplus conditions...

In this report this has switched. Technically speaking the market has already moved into a deficit.

E.g. in 2012 mine supply will grow 3.9% (down from 4.3%)

and demand for refined zinc will be up 4.4% in 2012 (from 2.2%)

Demand NOW exceeds mine supply and will be exacerbated going forward from here.