Zinc market fears unreported stocks could delay recovery

08 March 2010 00:00

The threat of unreported zinc inventory continues to weigh on the market, according to market participants. “Unreported inventories exist on the zinc market,” Bank of America Merrill Lynch analysts said in a note last week. “If more metal becomes available, this could delay a recovery.” Zinc stocks in London Metal Exchange-bonded warehouses stand at 541,050 tonnes, close to its highest level since September 2005, compared with all-time lows of 58,100 tonnes in October 2007. But there is even more zinc stock out there that is off-warrant, according to market participants. “Supposedly there...

You are currently only viewing a sample of a 461 word article. To view the full article you must be a subscriber to Metal Bulletin or sign-up to a free trial to the Metal Bulletin website

Not a subscriber? Register for your FREE Metal Bulletin seven day trial now

As a subscriber you will receive:

Access to the Metal Bulletin website, with live news and the latest iron & steel, non-ferrous and scrap metals prices - plus access to archive news and prices data.
Daily emails every working day of the year giving you the latest market-moving news along with our own reference prices and exchange-traded quotations;
A weekly hard copy magazine featuring news, reports, metal prices, analysis and comments;
Plus much more.

Quite simply, no other information service can offer you the same frequency, breadth and depth of steel and metals market intelligence as Metal Bulletin - subscribe now and become one of the continually better informed.

Already a subscriber?

If you are an existing Metal Bulletin subscriber please enter your username and password to continue.

If you are experiencing any difficulty please call +44(0) 20 7779 7390 or email help@metalbulletin.com.

Zinc market fears unreported stocks could delay recovery

Not a subscriber? Register for your FREE Metal Bulletin seven day trial now

As a subscriber you will receive:

Already a subscriber?

If you do not know your login or password please click on the "Forgot Password?" link above or contact customer services at (0)20 7779 7390.

Non-Ferrous Prices

Iron & Steel Prices

Scrap Prices

Email Newsroom