LME Zinc Inventory Surges Over 16%

Published: Jun 16, 2026 17:46

Save

According to LME inventory data on June 16, zinc inventory increased by 17,400 mt or 16.24% to 124,550 mt, while LME zinc off-warrant stocks fell by 18,549 mt to 20,916 mt. Based on this, the LME zinc price once quickly dropped to $3,539/mt. According to SMM, this inventory increase was mostly due to traders converting off-warrant stocks into warrants, and the overall impact was relatively limited.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.hoursAgo

Qinghai Earthquake Has No Impact on Zinc Industry Yet

A magnitude 6.3 earthquake struck Dachaidan in Haixi, Qinghai, on June 16, 2026. According to SMM, the main zinc smelters and mines in the Qinghai region have seen no impact so far. SMM will continue to follow up on subsequent developments.

Common.Time.hoursAgo

Geopolitical Risks Subside: How Will the Zinc Market React?

[Geopolitical Risks Subside: How Will the Zinc Market React?] The Middle East conflict has recently shown clear signs of de-escalation. The market is now fully pricing in a U.S.-Iran agreement and the resumption of shipping through the Strait of Hormuz. What impact will this have on the zinc market?

Common.Time.hoursAgo

Data: SHFE, DCE market movement (Jun 16)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 16 Jun , 2026

Common.Time.hoursAgo