Guangdong Zinc Inventories Fall to Record Low, Pressure Mounts before Delivery, SMM Reports

Published: Jun 9, 2017 13:34

Save

Zinc ingot inventories in Guangdong fell 6,200 tonnes to a record low of 26,000 this past week, SMM learns.

SHANGHAI, Jun. 9 (SMM) - Zinc ingot inventories in Guangdong fell 6,200 tonnes to a record low of 26,000 this past week, SMM learns.

As of the end of mid-day trading on June 9, positions on June zinc on the SHFE were 25,230. With limited supplies from zinc smelters, goods available for delivery, which is due after 4 trading days, are still insufficient.

SMM Analysis: Is SHFE Zinc Facing Rising Short Squeeze Risk before Delivery?

Milpo to Release New Resource Assessment for Shalipayco Zinc Mine in Early 2018

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

zinc inventories Guangdong zinc inventories zinc

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 to learn 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

22 hours ago

Terminal Performance "Uneven," Zinc Oxide Chinese New Year Break Up YoY

22 hours ago

Dual Pressures Force Die-Casting Zinc Alloy Firms to Lengthen Chinese New Year Holidays

Approaching the 2026 Chinese New Year, SMM conducted communication and research on the pre-holiday break arrangements of domestic die-casting zinc alloy enterprises. This survey covered 20 enterprises, with a total annual capacity of 829,000 mt, involving a zinc consumption scale during the holiday period of approximately 45,548 mt.

22 hours ago

23 hours ago

Data: SHFE, DCE market movement (Feb 06)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 06 Feb , 2026

23 hours ago