Japan's inventories of refined zinc fell by 1.0% on month in March to 36,987 metric tons, according to preliminary data released by the Ministry of Economy, Trade and Industry.
However, inventories were up 74% from March 2008.
Output at Japanese zinc smelters fell 8.7% on month and 32.7% on year to 38,360 tons.
Japan's zinc shipments for March were up 1.0% on month but down 17.5% on year at 15,816 tons.
Source: Marketwatch
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