#4 Reasons Why Zinc Prices Are Bleeding
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#1 Deficit Turning Surplus
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• Global Zinc Market Surplus Of 181k During Jan-Apr Period Of 2015 As Compared To Deficit Of 119k Last Year• High Production Shifts The Market Into Surplus
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#2 Lower Chinese Demand Leading to Lower Imports
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• Slowdown In China Have Depressed Zinc Imports By 49.25% During The Jan-Apr Period Of 2015
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#3 Higher Mine Supply
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• Higher Production From Dugald River Would Offset The Loss Of Zinc From Closure Of Century Mine
• Skorpion Zinc Mine Life Extended By Two More Years
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#4 Strong US Dollar
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• FED Moving Closer Towards Interest Rate Hike• Greece Debt Crisis Keep Markets on Edge
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23/06/2015
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