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Home / Metal News / Zinc Inventories Fall in China Major Markets, SMM Reports

Zinc Inventories Fall in China Major Markets, SMM Reports

Apr 24, 2017 11:57

Source:SMM

Combined zinc inventories in Shanghai, Tianjin and Guangdong decreased 29,100 to 200,200 tonnes last week, SMM data show.

SHANGHAI, Apr. 24 (SMM) – Combined zinc inventories in Shanghai, Tianjin and Guangdong decreased 29,100 to 200,200 tonnes last week, SMM data show.

Fewer arriving shipments combined with steady downstream demand caused inventories to fall further, SMM said. Total inventories in the three regions are expected to continue falling this week now that smelters have yet to restart from maintenance.

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Shanghai zinc inventories

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

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Zinc Inventories Fall in China Major Markets, SMM Reports

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