Zinc Inventories Add Further in China Major Markets, SMM Reports

Published: Jun 26, 2017 17:35

Save

Combined zinc inventories in Shanghai, Tianjin and Guangdong increased 1,200 to 121,200 tonnes last week, SMM data show.

SHANGHAI, Jun. 26 (SMM) – Combined zinc inventories in Shanghai, Tianjin and Guangdong increased 1,200 to 121,200 tonnes last week, SMM data show.

Invenotires in both Shanghai and Guangdong grew, while those in Tianjin declined. The drop in inventories in Tianjin is due to fewer arriving shipments from Zijin Mining and dip-buyers. Arriving shipments of imported zinc increased inventories in Shanghai and Guangdong.

Zinc Prices to Hold Strong This Week, SMM Foresees

Total inventories in the three regions are expected to grow further in the coming week due to arriving shipments of imported zinc, SMM predicts.

Chihong Zn&Ge Signs First Anode, Cathode Plate Sales Order

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

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.

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

5 hours ago

Weak Reality vs Macro Disturbances Zinc Prices Fluctuate at Highs [SMM Zinc Morning Comment]

[SMMSHFE zinc morning comment] On Friday, SHFE zinc recorded a bearish candlestick, with the middle Bollinger Band forming resistance above and the 40-day moving average providing support below. Due to the inventory buildup in social inventory after the Chinese New Year, and...

5 hours ago

Middle East Geopolitical Risks Emerge Zinc Prices Expected to Fluctuate at Highs [SMM Morning Meeting Summary]

[SMMS Morning Meeting Summary: Sudden Geopolitical Risks in the Middle East, Zinc Prices Expected to Fluctuate at Highs] Last Friday, LME zinc recorded three consecutive days of decline, with the daily candlestick center shifting downward. The core PPI in the US reached its fastest growth rate in a year, complicating the US Fed's monetary policy. Additionally, over the weekend, a sudden geopolitical conflict erupted in the Middle East, leading to the closure of the Strait of Hormuz...

5 hours ago

Feb 28, 2026 20:56

How Will the Israel-Iran Conflict Affect Zinc Concentrates?

On February 28, Israeli Air Force fighter jets crossed thousands of kilometers of airspace to conduct a daylight precision strike on the center of Tehran, Iran's capital, drawing significant market attention. How will this conflict impact zinc concentrates? .

Feb 28, 2026 20:56