SHANGHAI--(BUSINESS WIRE)--Addressing this year’s Shanghai Derivatives Market Forum on behalf of Sucden Financial, Jeremy Goldwyn will be providing the firm’s outlook on Zinc.

Speaking at the Conference, he will say that the firm remains bullish on its outlook for base metals, including zinc, over a two year horizon from both a fundamental and inflationary perspective.

Sucden Financial also maintain that over the medium term, China has surprised markets by its supply response this year, which has witnessed the reversing of both mine and smelter production cuts. According to the firm, this may well result in a potential delay to the upside, thereby short-circuiting the current strength. As a result significant stockpiles are now building in China.

Turning to the here and now, Sucden Financial believe that prices may drift lower, reflecting a surge in Chinese supply and awaiting 'real' demand growth. However, the firm maintains the only real positive environment for metals is China and is sceptical as to the 'green shoots' argument in relation to Western market economies. They also retain that there remains a real possibility for markets to take a step towards the downside in 2010.

Chief Executive of Sucden Financial Michael Overlander, as well as other representatives of the firm from the London and Hong Kong offices are also in attendance, underlying the importance with which the firm regards the Chinese market and its potential for growth and future expansion.

Notes to Editors:

1. Sucden Financial’s website: sucdenfinancial.com

2. Sucden Financial Limited has been operating for more than 35 years as a leading Commodity and Financial Futures and Options broker, with membership of many of the world's major exchanges.

3. Sucden Financial Limited’s parent is Sucres et Denrées SA, a company incorporated in France. The Sucden Group has operations throughout the world.

4. Sucden Financial Limited is authorised and regulated by The Financial Services Authority.