Cargo Holders Leave Quotes High as Zinc Inventories Stay Low, SMM Reports

Published: Aug 23, 2017 16:56

Save

Cargo holders held their quotes high since zinc inventories in Guangdong are still limited, SMM learns.

SHANGHAI, Aug. 23 (SMM) – Cargo holders held their quotes high since zinc inventories in Guangdong are still limited, SMM learns.

Imported Zinc Adds to Spot Supplies despite Tightness of Domestic Brands, SMM Reports

Zinc smelters mainly deliver goods for term contracts. Overall trading is lackluster today.

Zinc Premiums Expand in Tianjin as SHFE Zinc Falls, SMM Reports

#0 zinc traded mainly in 26,060-26,200 yuan per tonne range in Guangdong August 23, SMM data showed.

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

zinc prices zinc inventories LME zinc SHFE zinc zinc trading

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 for 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

3 hours ago

SHFE zinc moves sideways after its center shifts upward, supported by LME gains and domestic destocking [SMM zinc futures review]

[LME gains and China destocking support SHFE zinc, which moves sideways after its center shifts upward] The daytime session of the SHFE zinc 2611 contract opened at 26,560 yuan/mt, dipped to 26,510 yuan/mt during the session, touched a high of 26,640 yuan/mt in the afternoon, then pulled back to consolidate and closed at 26,565 yuan/mt, down 25 yuan/mt from the night session close, a decline of 0.09%. Trading volume decreased to 53,498 lots, while open interest increased by 2,418 lots to 130,000 lots......

3 hours ago

4 hours ago

Data: SHFE, DCE market movement (Sep 18)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 18 Sep , 2026

4 hours ago

5 hours ago

Winter stockpiling demand drives active smelter inquiries, with TCs remaining low [SMM Zinc Concentrates Weekly Review]

[Winter stockpiling demand drives relatively active smelter inquiries; mine TCs remain low]: Weekly data shows the average SMM Zn50 domestic weekly TC was flat MoM at -2,100 yuan/mt Zn, while the SMM imported zinc concentrate index fell $2.75/dmt MoM to -$128.85/dmt....

5 hours ago