Zinc Stockpiles in LME Warehouses Rises 3.9%

Bloomberg reported zinc stockpiles in London Metal Exchange warehouses rose 3.9 percent to 1.02 million metric tons.

As quoted in the market news:

Zinc supply is expected to outpace demand for the rest of 2012, which would be the sixth annual surplus in a row, according to a July 18 report by Frankfurt-based Commerzbank AG.

Click here to read the full Bloomberg report.