Zinc Inventories Hold Stable in China Major Markets, SMM Reports

Published: Aug 7, 2017 16:13

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Combined zinc inventories in Shanghai, Tianjin and Guangdong were largely stable at 122,200 mt last week, SMM reports.

SHANGHAI, Aug. 7 (SMM) – Combined zinc inventories in Shanghai, Tianjin and Guangdong were largely stable at 122,200 mt last week, SMM reports.

Zinc Price to Hold Strong Reaping Fundamental Benefits, SMM Foresees

Inventories in Guangdong and Shanghai declined slightly, while those in Tianjin grew marginally. Goods available in Shanghai remained tight as arriving shipments of imported zinc were limited. Zinc inventories in Tianjin grew slightly further due to arriving shipments from other regions and weak consumption.

Zinc Concentrate TCs Fall in Inner Mongolia, SMM Reports

Total inventories in the three regions will remain steady this week, SMM foresees.

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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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