Zinc Inventories Fall More Sharply in China Major Markets, SMM Reports

Published: Jun 12, 2017 11:37

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Combined zinc inventories in Shanghai, Tianjin and Guangdong decreased 18,000 to 112,300 tonnes last week, SMM data show.

SHANGHAI, Jun. 12 (SMM) – Combined zinc inventories in Shanghai, Tianjin and Guangdong decreased 18,000 to 112,300 tonnes last week, SMM data show.

Zinc Prices to Stay High This Week, SMM Foresees

Zinc ingot inventories fell across the three regions last week due to increased outward shipments. Dip-buyers entered the market.

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

China Zinc Concentrate TCs Rise in Hunan, Yunnan, SMM Reports

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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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