a must read deutschmans post on zinc thread

Pls go to 'ZINC' thread and read deutschmanns analysis on recent stockpile increases

well thought out + well researched hypothesised analogy:

looks like the increases in JOHOR and saudi are for the early securement of zinc at decent prices for MAJOR projects coming up in the respective areas - they have a huge need for tonnes of zinc and have secured it early and at decent price cause they may think that tightness in the future will increase price. Zinc stored thus in nearby warehouses.

very possible.

Also a point that china needs an extra 200,000 tonnes of zinc this yr but eventually should be an exporter in coming yrs.