Home / Metal News / Copper / Zinc Inventories in China Major Markets Fall 10th Straight Week
Zinc Inventories in China Major Markets Fall 10th Straight Week
May 13,2016 16:17CST
smm insight
Source:SMM
Combined zinc inventories in Shanghai, Tianjin and Guangdong fell 10,600 to 350,700 tonnes this past week, SMM reports.

SHANGHAI, May 13 (SMM) – Combined zinc inventories in Shanghai, Tianjin and Guangdong fell 10,600 to 350,700 tonnes this past week, SMM reports.

Some goods were shipped from Shanghai to Tianjin as the price spread between Shanghai and Tianjin was bigger than freight charges. Zinc smelters preferred to deliver goods to Tianjin, reducing arriving shipments in Shanghai. But arriving shipments in Tianjin were also limited, with inventories down. Outward shipments in Guangdong increased due to bargain hunters, so local inventories also slid.

Fall in total inventories in the three regions should shrink next week, SMM predicts, citing recovery at those returning from maintenance. 

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



zinc inventories
Shanghai zinc inventories
Guangdong zinc inventories
Tianjin zinc inventories
zinc smelters

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news