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Home / Metal News / Zinc Inflows in Shanghai Grow This Week, Majorly in 3 Warehouses, SMM Reports

Zinc Inflows in Shanghai Grow This Week, Majorly in 3 Warehouses, SMM Reports

Jun 14, 2017 15:38

Source:SMM

Shanghai saw additional influx of imported zinc this week with the opening of import profit window, SMM reported.

SHANGHAI, Jun. 14 (SMM) - Shanghai saw additional influx of imported zinc this week with the opening of import profit window, SMM reported.

Arriving shipments of imported zinc reached over 10,000 tonnes this week. Shipments mainly consist of SMC, KZ and AZ brands. These inflows of imported zinc mainly arrived at Quansheng, SIPG and Yuqiang warehouses.

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Shanghai zinc inventories

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Total zinc inventory across seven Chinese markets stood at 131,600 mt as of December 6, up 1,500 mt from Friday December 3, but down 1,700 mt from Monday November 29.

Dec 6, 2021 18:41

Analysis

Zinc Social Inventories Up 1,500 mt over Weekend

Zinc Social Inventories Down 2,600 mt on Week

Total zinc inventories across seven Chinese markets stood at 128,700 mt as of November 19, down 2,600 mt from November 12 and 6,500 mt from November 15.

Nov 19, 2021 14:03

Analysis

Zinc Social Inventories Down 2,600 mt on Week

Zinc Social Inventories Up 8,100 mt over the Weekend

Total zinc inventories across seven Chinese markets stood at 147,200 mt as of October 18, up 8,100 mt from Friday October 15 and 10,600 mt from last Monday October 11.

Oct 18, 2021 14:34

Analysis

Zinc Social Inventories Up 8,100 mt over the Weekend

Zinc imports to weigh on domestic prices as import arbitrage opens

An inflow of imported zinc is likely to weigh on domestic prices following the arbitrage window opened in May.

May 3, 2018 16:22

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Sep 26, 2017 15:39

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Shanghai will see additional inflows of imported zinc in the near term due to import profit, SMM foresees.

Aug 31, 2017 18:28

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Shanghai Braces for More Inflows of Imported Zinc, SMM Reports

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Combined zinc inventories in Shanghai, Tianjin and Guangdong decreased 2,700 tonnes to 122,400 tonnes last week, SMM data showed.

Jul 24, 2017 13:47

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Inflows of imported zinc in Shanghai will decline in July due mainly to import losses, SMM predicts.

Jul 13, 2017 16:59

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Imported Zinc Influx in Shanghai to Decrease in July, SMM Says

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China’s influx of imported zinc fell rapidly after the import profit window closed, which precipitated a big fall in Shanghai’s zinc inventories in early July.

Jul 7, 2017 20:18

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Both Shanghai and Tianjin markets witnessed inflows of imported zinc recently, which helped ease local spot zinc supply tightness, SMM said.

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Zinc Inflows in Shanghai Grow This Week, Majorly in 3 Warehouses, SMM Reports

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