Zinc stocks on the London Metal Exchange are at their lowest level since
The London Metal Exchange is at its lowest level since the turn of the century, having fallen to 36,525 tonnes, according to
Prime news agency. On the Shanghai Futures Exchange, they are also
The Shanghai Futures Exchange is also quite limited at 22,642 tonnes.
The reason for the decline in stocks is the low demand for the metal in the world,
The reason for the reduction in stocks is the low demand for the metal in the world which, according to the International Market Research Group
The reason for the reduction in stocks is the low demand for the metal in the world, which has fallen by 3.2% between January and October, according to the International Lead and Zinc Market Research Group. The negative
impacted by, among other things, the fact that the European economy
is on the verge of a recession. The world zinc supply is also limited
The world supply of zinc has been limited on the back of the difficulties faced this year by
This year steel works, especially in Europe, have had difficulties. Volumes
Global zinc production in the first 10 months also
zinc output was also down 3.2%, the organization said.
Zinc prices are showing a negative trend this month -
they fell to $3060 from a high of $3339. However, their
The fall is being tempered by low inventory levels and the uncertainty faced by the
The steel industry in Europe is facing.