Zinc Inventories Fall for 3 Months in a Row in China Major Markets, SMM Reports

Published: May 22, 2017 17:38
Combined zinc inventories in Shanghai, Tianjin and Guangdong decreased 8,400 to 137,100 tonnes last week, down for three months on end, SMM data show.

SHANGHAI, May. 22 (SMM) – Combined zinc inventories in Shanghai, Tianjin and Guangdong decreased 8,400 to 137,100 tonnes last week, down for three months on end, SMM data show.

China Zinc Concentrate TCs are Flat, SMM Reports

Zinc inventories grew slightly in Tianjin, but continued falling in Shanghai and Guangdong.

Zinc to Fluctuate at High Levels This Week, SMM Foresees

Total inventories in the three regions are expected to continue falling this week but declines will be less significant with influx of imported zinc in Shanghai and Guangdong. 

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[Zinc Weekly Review] SHFE Zinc Rebounds from Lows as Tight Ore Supply Offsets Pressure from US Fed Rate Hike Expectations and Weaker LME
2 hours ago
[Zinc Weekly Review] SHFE Zinc Rebounds from Lows as Tight Ore Supply Offsets Pressure from US Fed Rate Hike Expectations and Weaker LME
Read More
[Zinc Weekly Review] SHFE Zinc Rebounds from Lows as Tight Ore Supply Offsets Pressure from US Fed Rate Hike Expectations and Weaker LME
[Zinc Weekly Review] SHFE Zinc Rebounds from Lows as Tight Ore Supply Offsets Pressure from US Fed Rate Hike Expectations and Weaker LME
[Expectations for US Fed interest rate hikes and a weaker LME pressured SHFE zinc, while ore supply tightness supported a rebound from lows] The SHFE zinc 2611 contract opened at 26,180 yuan/mt in the daytime session, edged up to 26,200 yuan/mt in early trading, then pulled back to a low of 26,005 yuan/mt. After rebounding from the low, it moved sideways in a narrow range and closed at 26,145 yuan/mt, down 65 yuan/mt, or 0.25%. Trading volume decreased to 47,162 lots, and open interest fell by 3,474 lots to 123,000 lots......
2 hours ago
Data: SHFE, DCE market movement (Sep 15)
4 hours ago
Data: SHFE, DCE market movement (Sep 15)
Read More
Data: SHFE, DCE market movement (Sep 15)
Data: SHFE, DCE market movement (Sep 15)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 15 Sep , 2026
4 hours ago
SHFE zinc center declines, while the South China zinc ingot market trading recovers.
6 hours ago
SHFE zinc center declines, while the South China zinc ingot market trading recovers.
Read More
SHFE zinc center declines, while the South China zinc ingot market trading recovers.
SHFE zinc center declines, while the South China zinc ingot market trading recovers.
[South China zinc ingot market] SHFE zinc futures prices fell below yuan 26,000/mt in the night session yesterday, prompting more downstream pricing. According to SMM, market pricing today was mostly concentrated at yuan 26,000-26,300/mt, with the market mainly fulfilling previous orders and few new pricing deals; however, the recovery in market trading drove spot premiums higher. Today, SMM #0 zinc ingot (Guangdong) was quoted at yuan 26,030/mt, down yuan 300/mt.
6 hours ago
Zinc Inventories Fall for 3 Months in a Row in China Major Markets, SMM Reports - Shanghai Metals Market (SMM)