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Home / Metal News / Zinc Supply Remains Tight as Inventories Stay Low, SMM Reports

Zinc Supply Remains Tight as Inventories Stay Low, SMM Reports

Aug 22, 2017 14:47

Source:SMM

Zinc supplies are still limited in Guangdong as local zinc inventories remain at low levels, SMM said.

SHANGHAI, Aug. 22 (SMM) – Zinc supplies are still limited in Guangdong as local zinc inventories remain at low levels, SMM said.

ILZSG: World Zinc Deficit Shrinks in June

Overall trading in Guangdong is better today after bargain hunters rush in, SMM noted.

Zinc Deficit Unlikely Ease in Foreseeable Future without Large Zinc Mine Projects

#0 zinc traded mainly in 26,420-26,480 yuan per tonne range in Shanghai August 22, SMM data showed.

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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

SMM Evening Comments (Oct 11): Shanghai Nonferrous Metals Closed with Gains on the Back of Global Energy Crisis

Shanghai nonferrous metals closed all in the positive territory as the energy crisis has overwhelmed the globe.

Oct 11, 2021 19:00

SMM Comments

SMM Evening Comments (Oct 11): Shanghai Nonferrous Metals Closed with Gains on the Back of Global Energy Crisis

SMM Forecast: Zinc Prices to Hover at High Levels due to Absolutely Low Inventories

The zinc prices have been on the uptrend trajectory entering September. The most-trade SHFE zinc contract reported 22370 yuan/mt as of September 30, up 0.92% in the month.

Oct 11, 2021 14:00

SMM Insight

SMM Forecast: Zinc Prices to Hover at High Levels due to Absolutely Low Inventories

SMM Morning Comments (Oct 8): Base Metals Mostly Bottomed out during Holiday

Shanghai base metals rose across the board on the morning of the first trading day after the National Day long holiday. Meanwhile, their counterparts on LME all went up as well.

Oct 8, 2021 09:57

SMM Comments

SMM Morning Comments (Oct 8): Base Metals Mostly Bottomed out during Holiday

China Weekly Inventory Summary and Data Wrap (Sep 30)

This is a roundup of China's metals weekly inventory as of September 30.

Sep 30, 2021 17:47

Analysis

China Weekly Inventory Summary and Data Wrap (Sep 30)

Zinc Social Inventories Down 9,400 mt on Week

Total zinc inventories across seven Chinese markets stood at 119,800 mt as of September 30, down 11,500 mt from September 27 and 9,400 mt from September 24.

Sep 30, 2021 14:30

Analysis SMM Comments

Zinc Social Inventories Down 9,400 mt on Week

SMM Morning Comments (Sep 27): Base Metals Mostly Went Up under Dual Control Policy

Shanghai base metals trended mixed on Monday morning under China’s intensifying dual control policy. Meanwhile, their counterparts on LME basically rose.

Sep 27, 2021 10:00

SMM Comments

SMM Morning Comments (Sep 27): Base Metals Mostly Went Up under Dual Control Policy

LME Asia Week: Zinc prices see 'severe downside'

Following a strong rally earlier this year to 10-year highs, zinc prices have retreated and looked like “an old man in the room” compared with other metals.

May 16, 2018 17:36

SMM Comments

LME Asia Week: Zinc prices see 'severe downside'

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SMM Evening Comments

May 15, 2018 18:04

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Zinc Supply Remains Tight as Inventories Stay Low, SMM Reports

SMM Events & Webinars

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit

2024 ASEAN Automotive Supply Chain