Zinc Inventories Decrease in China Major Markets, SMM Reports

Published: Apr 17, 2017 10:45
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.

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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 Decrease in China Major Markets, SMM Reports - Shanghai Metals Market (SMM)