| 12.04.2012 - Zinc markets to turn into deficit in 2013: BofAML |
| The current surplus in the Zinc markets are expected to end in 2013 when the markets shifts into deficit, bank of America Merrill Lynch (BofAML) said in their latest report. A continuous decline in mine supply have resulted in zinc surpluses growing at a slower pace each year since 2009. Zinc surplus for 2009 was 789,000 tonnes, which declined to 699,000 tonnes in 2010, and this again decreased to 561,000 tonnes in 2011...............................................Full Article: Source |