Zinc social inventories rebound 10,200 mt post-holiday

SHANGHAI, Oct 8 (SMM) – Social inventories of refined zinc across Shanghai, Tianjin and Guangdong increased during the week-long National Day holiday, as they rose 10,200 mt from September 30 and stood at 146,100 mt on Tuesday October 8, showed SMM data.

Guangdong and Tianjin accounted for the higher stocks. Inventories in Shanghai barely changed from the pre-holiday level as stockpiling across downstream consumers in Jiangsu, Zhejiang, and Shanghai offset arrivals at smelters.