China Zinc Exports Surge Amid LME Squeeze
China's refined zinc exports in August reached 40,668 metric tons, the second-highest monthly total in nearly two decades, indicating a shift from historical net importer status due to the ongoing London Metal Exchange (LME) zinc squeeze.
China’s refined zinc exports jumped to 40,668 metric tons in August, the second-highest monthly total in almost 20 years, according to the World Bureau of Metal Statistics, which collects the data. China has historically been a significant net importer of refined zinc, but that is set to change this year. The move comes amid an LME squeeze.