Zinc Inventories Grow for 6th Straight Week in China Major Markets, SMM Reports

Published: Feb 10, 2017 18:34

Save

Combined zinc inventories in Shanghai, Tianjin and Guangdong added 15,300 to 295,000 tonnes this past week, SMM data show.

SHANGHAI, Feb. 10 (SMM) - Combined zinc inventories in Shanghai, Tianjin and Guangdong added 15,300 to 295,000 tonnes this past week, SMM data show.

Inventories in the three regions are expected to fall slightly in the coming week. Stockpiling by downstream producers will be constrained due to rising zinc prices, SMM explained.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

zinc inventories Shanghai zinc inventories Guangdong zinc inventories Tianjin zinc inventories

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

2 hours ago

Macro sentiment improves, SHFE zinc rises [SMM zinc morning comment]

[SMM Zinc Morning Comment] Overnight, the most-traded SHFE zinc 2607 contract opened at 24,190 yuan/mt. Early in the session, it briefly dipped to a low of 24,020 yuan/mt, then bears reduced their positions, and the price fluctuated upward, touching a high of 24,305 yuan/mt near the close. It finally closed up at 24,265 yuan/mt, up 100 yuan/mt, a gain of 0.41%. Trading volume decreased to 60,028 lots, and open interest decreased by 1,210 lots to 79,545 lots.

2 hours ago

Easing US-Iran tensions, LME zinc center shifted higher [SMM Morning Meeting Summary]

[SMM Morning Meeting Minutes: Easing US-Iran Tensions, LME Zinc Center Moves Higher]: Overnight, LME zinc opened at $3,464/mt. It initially moved sideways along the daily average, dipping to $3,442/mt during the session. Entering the night session, bulls added positions, and LME zinc rallied all the way to reach a high of $3,534/mt near the end. It finally settled up at $3,525.5/mt, up $57/mt, or 1.64%. Trading volume fell to 14,639 lots, and open interest increased by 4,214 lots to 238,000 lots.

2 hours ago

19 hours ago

Data: SHFE, DCE market movement (Jun 11)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 11 Jun , 2026

19 hours ago