Chinese Zinc Smelters Risk Run Cuts as Capacity Outpaces Demand
'Risks for idling excess capacity are building as Chinese zinc demand nears its peak,' the state-owned researcher said in a note on Wechat. A reliance on imports for more than 30% of zinc concentrate supply has also curbed production, after processing fees plunged last year, it said.
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Generally, but not always, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". 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