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[Zn Inventory] Zinc Inventories in Guangdong Grew for 8th Straight Week

iconJul 24, 2015 15:26
Guangdong’s zinc inventories grew for the eighth straight week due to fewer outward shipments on shrank consumption, SMM reports.

SHANGHAI, Jul. 24 (SMM) - Guangdong’s zinc inventories grew for the eighth straight week due to fewer outward shipments on shrank consumption, SMM reports.

Zinc inventories in Shanghai also added this past week due to large inflows of imported zinc. Tianjin’s zinc stocks increased slightly, and are set to climb further next week.

Combined inventories in the three markets should rise next week amid anemic demand.

Total zinc inventories in Shanghai, Tianjin and Guangdong grew 11,400 to 271,600 tonnes this past week.

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Guangdong zinc inventories
Zn inventory
Shanghai zinc inventories
Tianjin zinc inventories
zinc inventories
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.

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