Zinc price shows weakness, inventories could be destocked
For skimmed milk powder, up to 192,000 tonnes could be destocked
PWC fears that some businesses have cut back and destocked
heavily and may now need to loan money to fund the delivery of new contracts.
Mr Scott-Maxwell said the division, which includes two factories in Witton and Tyseley, had a successful second half after a weak first quarter as wholesalers destocked
Mr Scott-Maxwell said the group was suffering as sales in its UK electrical business slowed while customers destocked