As I recently determined that the zinc industry is under bearish...

As I recently determined that the zinc industry is under bearish attack as opposed to the fortunes of individual zinc miners, I decided to have a look at zinc fundamentals to see if the story is beginning to change and so it has.

But prices are also edging higher and inventory lower over In China.

Add to that a picture of future supply and demand and 2012 looks likely to be a turnaround point.