Zinc social inventories shrank 3,300 mt on week

Published: Jun 4, 2021 13:59
SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei decreased 3,300 mt in the week ended June 4 to 152,200 mt. The stocks fell 2,200 mt from Monday May 31.

SHANGHAI, Jun 4 (SMM) – Zinc inventories in China fell this week.

SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei decreased 3,300 mt in the week ended June 4 to 152,200 mt. The stocks fell 2,200 mt from Monday May 31.

Stocks in Shanghai decreased as arrivals of import zinc and domestic zinc were limited, and the downstream still had rigid demand. In south China's Guangdong, downstream demand weakened, which led to the decrease in stocks. Stocks in Tianjin fell as the rise in steel prices led to the recovery of some downstream orders and inventories of zinc ingots in enterprises were low, bringing about a certain purchasing demand.

Stocks across the three major trading hubs (Shanghai, Tianjin and Guangdong) fell 2,600 mt this week, after an 8,600 mt decrease last week.

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
Domestic Zinc Concentrate Supply Tightens, Treatment Charges Fall Nationwide
Jun 12, 2026 18:44
Domestic Zinc Concentrate Supply Tightens, Treatment Charges Fall Nationwide
Read More
Domestic Zinc Concentrate Supply Tightens, Treatment Charges Fall Nationwide
Domestic Zinc Concentrate Supply Tightens, Treatment Charges Fall Nationwide
【Domestic Zinc Concentrate Market】Domestic smelters maintained steady purchasing volumes of domestic zinc concentrate this week, and the tight supply pattern of domestic zinc concentrate persisted. Treatment charges kept edging down across most regions. Except for individual northern provinces, treatment charges for domestic zinc concentrate have generally slipped into negative territory nationwide.
Jun 12, 2026 18:44
Limited Imported Zinc Concentrate Volumes Amid Smelters' Domestic Preference
Jun 12, 2026 18:43
Limited Imported Zinc Concentrate Volumes Amid Smelters' Domestic Preference
Read More
Limited Imported Zinc Concentrate Volumes Amid Smelters' Domestic Preference
Limited Imported Zinc Concentrate Volumes Amid Smelters' Domestic Preference
【Imported Zinc Concentrate Market】Offer volumes of imported zinc concentrate remained limited this week. Smelters prioritized purchasing domestic ore, resulting in sluggish trading sentiment for imported zinc concentrate overall.
Jun 12, 2026 18:43
Northwest China Mine Launches June Zinc Concentrate Tender at Reduced Treatment Charge
Jun 12, 2026 18:40
Northwest China Mine Launches June Zinc Concentrate Tender at Reduced Treatment Charge
Read More
Northwest China Mine Launches June Zinc Concentrate Tender at Reduced Treatment Charge
Northwest China Mine Launches June Zinc Concentrate Tender at Reduced Treatment Charge
【Domestic Zinc Concentrate Tender】According to SMM, a mine in northwest China recently launched a self-pickup tender for June zinc concentrate at a treatment charge below -700 RMB per metal ton, representing a month-on-month drop of approximately 1,000 RMB per metal ton. SMM will keep tracking subsequent fluctuations in treatment charges.
Jun 12, 2026 18:40