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Zinc Inventories in China Major Markets Fall for 7th Straight Week
Aug 26, 2016 16:31Source:SMM
Combined zinc inventories in Shanghai, Tianjin and Guangdong fell 7,300 to 291,100 tonnes this past week.
SHANGHAI, Aug. 26 (SMM) - Combined zinc inventories in Shanghai, Tianjin and Guangdong fell 7,300 to 291,100 tonnes this past week.
Inventories in Guangdong fell 1,600 tonnes as some smelters in Yunnan and Guangxi chose to ship goods to Shanghai.
Zinc inventories in both Shanghai and Tianjin fell further because of improving downstream purchases and limited inbound shipments.
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