SHANGHAI, Nov 11 (SMM) – Social inventories of refined zinc across Shanghai, Tianjin and Guangdong declined 1,100 mt from November 8 to stand at 140,400 mt as of November 11, SMM data showed.
Inventories in Shanghai were 2,200 mt lower and that in Guangdong 1,500 mt lower from last Friday, as reduced futures prices improved downstream procurement while a moderate amount of cargoes entered warehouses.
However, greater arrivals and weak purchases grew stocks in Tianjin by 2,500 mt over the weekend.
![[SMM Analysis] Perdagangan Lembaran Baja Galvanis Tiongkok Tetap Kuat pada Paruh Pertama 2026, tetapi Pemulihan Paruh Kedua Menghadapi Hambatan Eksternal](https://imgqn.smm.cn/usercenter/TeRBO20251217171754.jpg)
![Tinjauan Impor dan Ekspor Lembaran Galvanis Semester I 2026 dan Prospek Semester II [Analisis SMM]](https://imgqn.smm.cn/usercenter/XrnKf20251217171755.jpg)
![[Analisis SMM] Impor Konsentrat Seng China Meningkat pada Semester Pertama 2026, tetapi Fundamental yang Mengetat Membayangi Prospek](https://imgqn.smm.cn/usercenter/qdibi20251217171755.jpg)
