Zinc Inventories Fall in China Major Markets, SMM Reports

Published: May 2, 2017 13:55

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Combined zinc inventories in Shanghai, Tianjin and Guangdong decreased 32,100 to 168,100 tonnes last week, SMM data show.

SHANGHAI, May. 2 (SMM) – Combined zinc inventories in Shanghai, Tianjin and Guangdong decreased 32,100 to 168,100 tonnes last week, SMM data show.

Zinc inventories in Shanghai and Guangdong saw further big declines.

Fewer arriving shipments combined with steady downstream demand caused inventories to fall further, SMM said.

China Zinc Concentrate TCs Little Changed, SMM Reports

Zinc Prices to Fluctuate in Narrow Range This Week, SMM Foresees

Total inventories in the three regions are expected to continue falling this week due to pickup in demand from some downstream sectors.

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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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