SHANGHAI, Nov 8 (SMM) – Social inventories of refined zinc across Shanghai, Tianjin and Guangdong rose 1,100 mt from November 4 to stand at 141,500 mt as of November 8, SMM data showed.
Tianjin accounted for the overall increase, as greater volumes of common brands entered Tianjin’s warehouses and local environmental curbs prevented downstream producers from buying.
Shanghai and Guangdong, meanwhile, saw marginal declines in their zinc inventories this week.
![Downstream Enterprises Purchased at Low Prices Mid-Week, Spot Premiums Rose WoW [SMM Ningbo Spot Weekly Review]](https://imgqn.smm.cn/usercenter/ipTIN20251217171755.jpg)
![Macro disturbances are frequent, with the SHFE/LME zinc price ratio fluctuating around 6.9 [SMM SHFE/LME Zinc Price Ratio Weekly Review]](https://imgqn.smm.cn/usercenter/cirme20251217171754.jpg)
![Weekly Transactions Improved, Premiums Rose [SMM Tianjin Spot Zinc Weekly Review]](https://imgqn.smm.cn/usercenter/EMwoI20251217171753.jpg)
