Zinc not that tight, but lead is worse Barclays

Nov 21, 2007 | 11:14 AM |

The global zinc market is not as tight as published data would indicate but the lead market could actually be worse, according to a research report by Barclays Capital, London.

The report conflicts with figures released by the International Lead and Zinc Study Group (ILZSG), Lisbon, Portugal. The ILZSG data showed that the refined zinc market moved back into a 31,100-tonne deficit in September following a small surplus in August, while the refined lead deficit increased....

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