Zinc Supply and Pricing, page-11

http://www.dailymail.co.uk/wires/re...-nearly-three-months-shortage-fears-grow.html

"Zinc is in a strong position. The concentrate deficit from last year has moved downstream into an ingot deficit," said Macquarie analyst Vivienne Lloyd. "Stocks are falling and Chinese smelters have been forced to cut output because of a lack of feed (concentrate)."
SHORTAGES: Macquarie expects a 650,000 tonne zinc shortfall this year and sees prices breaching $3,000 a tonne by the fourth quarter of this year. Societe Generale's Robin Bhar is not so bullish and expects a deficit of 250,000 tonnes this year.

INVENTORIES: Zinc stocks in LME-approved warehouses at 289,275 are down more than 30 percent this year, while those monitored by the Shanghai Futures Exchange have tumbled nearly 60 percent to less than 65,000 tonnes.




Oh dear 289,275 !

Come on ***** keep up Old Chap !