Zinc Inventories to Stay Low in China Major Three Markets Next Week, SMM Says

Published: Sep 8, 2017 17:36

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Total zinc inventories in Shanghai, Tianjin and Guangdong will remain low next week, SMM predicts.

SHANGHAI, Sept. 8 (SMM) – Total zinc inventories in Shanghai, Tianjin and Guangdong will remain low next week, SMM predicts.

Why Zinc Price Spread Expand Sharply between Tianjin and Shanghai? SMM Reports

Downstream buying interest was strong as zinc prices slumped in the latter half of this week. Despite inflows of imported zinc, outward shipments were also high. Together with maintenance at smelters around Tianjin and Guangdong, total inventories in the three regions will remain low, SMM explained.

Zinc Spot Premiums Hold Firm as Delivery Nears, SMM Reports

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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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