#4 Reasons Why Lead-Zinc

Spread Story Reversed

24-09-2015

Lead Zinc Spread Reversing

24-09-2015

#1 LME Inventories

24-09-2015

• LME Zinc Inventories Have Increased By More Than 40% In The Past Two Months

• Recent Glencore’s Liquidation Of Zinc To Reduce The Company’s Debt Would Increase Zinc Stocks

24-09-2015

#2 Demand Story

24-09-2015

• Zinc Demand Have Dropped Due To Slowdown In

Demand From Galvanised Steel

• While, Lead Demand To Pick-up In Coming

Months Due To Seasonal Demand

24-09-2015

#3 Supply Side Picture

24-09-2015

• Last Year, Global Lead Mine Supply Declined By 7.9% While

Global Zinc Mine Supply Increased By 3%

• China, The Largest Producer Of Metals, Increased Its

Refined Zinc Output By 10% And Reduced Its Lead Output

By 4% On YoY Basis

24-09-2015

#4 Surplus/Deficit

24-09-2015

• Demand Supply Scenario Favours Lead Showing A

Small Surplus Of 12,000T

• While, Zinc Is In A Huge Surplus Of 1,50,000T During

Jan-July 2015

24-09-2015

• For More Details -

http://commtathya.com/blog/2015/09/zinc-prices-

strained-by-surprise-liquidation-from-glencore/

24-09-2015

Mumbai Address 128, A. R. Street, 2nd Floor

Near Mandvi PO,

Mumbai,

Maharashtra. Pin - 400003Telephone : +91 22 6060 0889

Nagpur Address 1st Floor, Nikalas Business

Centre,

Maharajbagh Road,

Ramdaspeth,

Nagpur, Maharashtra - 440010Telephone : +91 712 2422939

website : www.commtathya.com