Global zinc market deficit widens in September

LONDON: The global zinc market deficit widened to 39,800 tonnes in September from a revised deficit of 38,700 tonnes in August, data from the International Lead and Zinc Study Group (ILZSG) showed on Monday.

In the first nine months of the year, the zinc market deficit was 348,000 tonnes compared with a deficit of 219,000 tonnes in the same period last year.

ILZSG said total refined zinc stocks, including those held by consumers, producers and in exchange warehouses, rose to 1,096,600 tonnes at the end of September from 1,094,600 tonnes at the end of August.