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Home / Metal News / Continuous Surge in LME Zinc Inventories Further Weigh down LME Zinc Price, SMM Reports

Continuous Surge in LME Zinc Inventories Further Weigh down LME Zinc Price, SMM Reports

Sep 13, 2017 17:51

Source:SMM

The big growth in LME zinc inventories continued to weigh down LME zinc prices today, SMM noted.

SHANGHAI, Sept. 13 (SMM) – The big growth in LME zinc inventories continued to weigh down LME zinc prices today, SMM noted.

LME Zinc Prices Plunge after Surge in LME Zinc Inventories? SMM Reports

LME zinc inventories grew another 14,725 tonnes on September 13. LME zinc continued to fall below the 5-, 10- and 20-day moving averages.

LME Zinc Net Longs Decline to 2-Month Low

SMM will continue tracking the change in LME zinc inventories.

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Continuous Surge in LME Zinc Inventories Further Weigh down LME Zinc Price, SMM Reports

SMM Events & Webinars

2024 SMM Middle East Secondary Metal Field Trip

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo