Zinc stocks Q1-2015

 

Some numbers:

• LME stocks (blue line) sank from 690 825 tonnes (January 2) to 518 275 tonnes (March 27). That's a decrease of 172 550 tonnes.
• Shanghai stocks (green line) rose from 83 471 tonnes (January 2) to 139 991 tonnes (March 27). That's an increase of 56 520 tonnes.
• Total stocks (LME+Shanghai, red line) sank from 774 296 tonnes (January 2) to 658 266 tonnes (March 27). That's a decrease of 116 030 tonnes.

And remember: This fall both the Century mine and the Lisheen mine will close removing around 600 000 tonnes of zinc concentrate from the market.