Zinc Inventories in Three China Major Markets to Grow in August, SMM Foresees

Published: Jul 25, 2017 13:13

Save

Zinc inventories in Shanghai, Guangdong and Tianjin will grow in August, SMM predicts.

SHANGHAI, Jul. 25 (SMM) - Zinc inventories in Shanghai, Guangdong and Tianjin will grow in August, SMM predicts.

Raw Material Inventory Days Decline at China Zinc Smelters in June, SMM Reports

Zinc smelters will move goods steadily to capitalize high zinc prices. At the same time, outward shipments may be affected during the off-season. These two factors will add to zinc inventories, SMM explained.

Zinc Concentrate Inventories at Lianyungang Port Increase Significantly in Late July, SMM Reports

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

9 hours ago

Safety Issues at Xiangrong Mining Prompt Shutdown, Affecting Luoping Zinc's Zinc Concentrate Production

On June 3, Luoping Zinc & Electricity issued an announcement stating that the Puding County Emergency Management Bureau discovered safety issues at Xiangrong Mining during an on-site inspection. Currently, Xiangrong Mining's beneficiation plant and tailings dam have ceased operations. The ore mined by the company's subsidiaries was all processed through Xiangrong Mining's beneficiation plant to produce zinc concentrates. If the subsequent remediation measures or rectification progress for Xiangrong Mining's tailings dam is slow, or if the renewal procedures for the Safety Production Permit cannot be completed smoothly, it will adversely affect the company's self-produced raw materials (primarily zinc concentrates).

9 hours ago

10 hours ago

China's Galvanized Sheet Market Slows as Off-Season Hits, Production and Orders Decline

[Galvanized Sheet Market] According to SMM, as the consumption off-season arrived, domestic trade orders for galvanized sheet in China weakened notably, dragging down production at domestic galvanized sheet mills, with overall market operating rates declining MoM.

10 hours ago

Zinc Mine in Southwest China Sees Over 1,000 mt Drop in Concentrate Output Due to Unstable Production

[Zinc Concentrates Production Information] According to SMM, a zinc mine in Southwest China experienced unstable production, with recent zinc concentrate output declining by over 1,000 mt in metal content from normal levels. SMM will continue to track subsequent performance.

10 hours ago