Zinc Inventories Grow for 6th Straight Week in China Major Markets, SMM Reports

Published: Feb 10, 2017 18:34

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Combined zinc inventories in Shanghai, Tianjin and Guangdong added 15,300 to 295,000 tonnes this past week, SMM data show.

SHANGHAI, Feb. 10 (SMM) - Combined zinc inventories in Shanghai, Tianjin and Guangdong added 15,300 to 295,000 tonnes this past week, SMM data show.

Inventories in the three regions are expected to fall slightly in the coming week. Stockpiling by downstream producers will be constrained due to rising zinc prices, SMM explained.

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zinc inventories Shanghai zinc inventories Guangdong 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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