Zinc Inventories Continue Falling in China Major Markets, SMM Reports

Published: May 27, 2017 17:37

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Combined zinc inventories in Shanghai, Tianjin and Guangdong decreased 8,000 to 129,100 tonnes this past week, down for over three months in a row, SMM data show.

SHANGHAI, May. 27 (SMM) – Combined zinc inventories in Shanghai, Tianjin and Guangdong decreased 8,000 to 129,100 tonnes this past week, down for over three months in a row, SMM data show.

Zinc Prices to Fall in Coming Week, SMM Foresees

Arriving shipments grew slightly, but outward shipments received a boost as trading improved in the latter half of the week. Zinc consumption in Tianjin also picked up after environmental protection push.

China Zinc Concentrate TCs Rise in Some Markets, SMM Reports

Total inventories in the three regions are expected to remain stable in the coming week, SMM predicts.

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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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