Zinc Inventories in China Major Markets Rise from Pre-Holiday, SMM Reports

Published: Oct 14, 2016 19:00

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Combined zinc inventories in Shanghai, Tianjin and Guangdong added 14,900 from September 30 to 263,900 tonnes October 14, SMM data show.

SHANGHAI, Oct. 14 (SMM) - Combined zinc inventories in Shanghai, Tianjin and Guangdong added 14,900 from September 30 to 263,900 tonnes October 14, SMM data show.

Arriving shipments were steady during China’s National Day holiday, while deliveries taken by downstream buyers were limited, allowing inventories to grow.

Combined zinc inventories in the three regions fell slightly as of October 14 compared to October 8, due mainly to sharp drop in Guangdong’s zinc inventories, SMM says.

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zinc inventories Guangdong zinc inventories Shanghai zinc inventories Tianjin zinc inventories

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

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