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china zn concentrate imports up

  1. 13,575 Posts.
    lightbulb Created with Sketch. 567
    Hmmmmm.

    http://za.today.reuters.com/news/newsArticle.aspx?type=businessNews&storyID=2006-10-03T120501Z_01_BAN337282_RTRIDST_0_OZABS-MARKETS-METALS-20061003.XML&archived=False

    Extract from above.
    ----------------------------------------------------

    "Upside price potential in zinc now looks constrained following the surge in concentrate imports into China in August and the potential for this to substantially boost metals exports," Barclays said.

    ----------------------------------------------------

    Watch the LME stockpile numbers in the next couple of months.

    Could be a slowing of drawdown on the way.

    d.
 
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