Guangdong Zinc Inventories Fall to Record Low, Pressure Mounts before Delivery, SMM Reports-Shanghai Metals Market

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

SMM Insight 01:34:35PM Jun 09, 2017 Source:SMM

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. 

 

 

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

SMM Insight 01:34:35PM Jun 09, 2017 Source:SMM

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.