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Home / Metal News / [Zn Inventory] Shanghai Zinc Inventory Down; Guangdong Stocks Grew for Six Weeks

[Zn Inventory] Shanghai Zinc Inventory Down; Guangdong Stocks Grew for Six Weeks

iconJul 10, 2015 15:15
Zinc inventories in Shanghai fell slightly this past week due mainly to fewer arriving shipments, SMM learned.

SHANGHAI, Jul. 10 (SMM) - Zinc inventories in Shanghai fell slightly this past week due mainly to fewer arriving shipments, SMM learned.

"Smelters reduced supply while arriving shipments of imported zinc also declined”, SMM zinc analyst says.

Guangdong’s inventories, however, grew for the six straight week.

Zinc stocks in Tianjin held stable as supply increased on Friday.

Total zinc inventories in the three major markets in China should post a slight growth next week on higher supply from smelters and weak demand, SMM zinc analyst predicts, despite of fewer imports arriving.

Combined inventories in the three markets were 265,500 tonnes this past week, down 1,100 tonnes, according to SMM data.

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

 

 


Shanghai zinc inventories
Guangdong zinc inventories
zinc ingot
zinc inventory
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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