Industry Update
China’s zinc production is on fast rise
According to Dow Jones news March 16 that China’s zinc production jumps by 18% over the first two months of 2015, a minus reading for zinc prices.
Morgan Stanley reports that China’s zinc production is on fast rise.
The trend may be bad for zinc prices as China accounts for 45% of global zinc trade volume and rising production is likely to result in export increase, says the report.