Zinc social inventories rose 2,000 mt on week

SHANGHAI, Oct 25 (SMM) – Social inventories of refined zinc in Shanghai, Tianjin and Guangdong were 2,000 mt higher than that on October 18, standing at 138,400 mt as of Friday October 25, according to SMM data.

Greater arrivals from domestic smelters grew inventories in Shanghai. This offset declines in Guangdong, which was caused by improved local consumption and smaller arrivals. 

As of October 25, zinc stocks in Tianjin were little changed from a week earlier.