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deutsche bank cuts zinc surplus forecast 85pc

  1. 7,163 Posts.
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    Isnt it amazing ,we are only just in to 2008 and Deutsche bank are already running away from their 2008 forecast of a 330,000t zinc surplus to a more modest 50,000t ,an 85% drop .Just another example of analysts forecasts that end up no where near the mark. What happens when a few more mines dont reach their production targets ? could be back in deficit again .Things suddenly dont look so dire for zinc any more .What happens in 2010 when zinc goes back to deficit ,and there isnt a good stockpile built up ?
 
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