Zinc Inventories Decrease in China Major Markets, SMM Reports

Published: Apr 17, 2017 10:45

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Combined zinc inventories in Shanghai, Tianjin and Guangdong decreased 30,200 to 229,300 tonnes last week, SMM data show.

SHANGHAI, Apr. 17 (SMM) – Combined zinc inventories in Shanghai, Tianjin and Guangdong decreased 30,200 to 229,300 tonnes last week, SMM data show.

Zinc Price to Fall This Week, SMM Predicts

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Shanghai and Guangdong witnessed fewer arriving shipments and big growth in outward shipments. Inventories in Tianjin only declined slightly. Production at local downstream manufacturers was restricted by environmental protection, SMM said.

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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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