Zinc Inventories Down in China Major Markets-Shanghai Metals Market

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Zinc Inventories Down in China Major Markets

SMM Insight 04:10:53PM Aug 21, 2015 Source:SMM

SHANGHAI, Aug. 21 (SMM) – Combined zinc inventories in China’s major markets, including Shanghai, Tianjin and Guangdong fell 3,800 tonnes last week, SMM data show.

Inventories in Guangdong fell due to falling shipments from smelters which refrained from selling on low zinc prices. Outward shipments from Guangdong grew since some traders replenished stocks at cheap prices.

Shanghai’s inventories grew slightly with inflows of imported zinc.

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

Zinc Inventories Down in China Major Markets

SMM Insight 04:10:53PM Aug 21, 2015 Source:SMM

SHANGHAI, Aug. 21 (SMM) – Combined zinc inventories in China’s major markets, including Shanghai, Tianjin and Guangdong fell 3,800 tonnes last week, SMM data show.

Inventories in Guangdong fell due to falling shipments from smelters which refrained from selling on low zinc prices. Outward shipments from Guangdong grew since some traders replenished stocks at cheap prices.

Shanghai’s inventories grew slightly with inflows of imported zinc.

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