Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / Good Fundamentals for LME Zinc, with LME Inventory Slipping to New Low

Good Fundamentals for LME Zinc, with LME Inventory Slipping to New Low

Nov 23, 2017 14:26

Source:SMM

As per data released by LME on Wednesday, LME Zinc inventory dropped to 222,525 tons. As per data released by SHFE, SHFE Zinc inventory rose to 84,510 tons last Friday.

SHANGHAI, Nov.23 (SMM)－As per data released by LME on Wednesday, LME Zinc inventory dropped to 222,525 tons. As per data released by SHFE, SHFE Zinc inventory rose to 84,510 tons last Friday.

The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.

zinc

LME

inventory

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Total zinc ingots inventories across seven major markets in China stood at 284,100 mt as of April 15, up 6,100 mt from April 8, down 3,700 mt from April 11.

Apr 15, 2022 17:49

Analysis

SMM China Zinc Inventory across Major Market Rose 6,100 mt on Week

SMM China Copper Inventory across Major Market Dropped 1,000 mt on Week

As of April 15 Friday, SMM China copper inventory across major markets in China added 4,000 mt from Monday April 11 to 139,300 mt, down slightly by 1,000 mt from last Friday. The weekly inventory dropped again after a short increase last week. Compared with the domestic inventory recorded on Monday, the local stocks all added except for Shanghai during this period.

Apr 15, 2022 15:49

Analysis

SMM China Copper Inventory across Major Market Dropped 1,000 mt on Week

SMM China Copper Inventory in Major Markets Rose 2,600 mt on Week

As of Friday, April 8, SMM copper inventory across mainstream regions in the country achieved the first weekly rise since March 4, with an increase of 3400 mt to 140300 mt compared with Wednesday April 6, and a slight increase of 2600 mt compared with last Friday.

Apr 8, 2022 15:31

Analysis

SMM China Copper Inventory in Major Markets Rose 2,600 mt on Week

Lead Ingot Social Inventory Down 3,200 mt over Weekend

The social inventory of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin dropped 3,200 mt from Friday March 11 and rose 9,800 mt from Monday March 7 to 119,000 mt as of March 14.

Mar 14, 2022 16:44

Analysis

Lead Ingot Social Inventory Down 3,200 mt over Weekend

SMM Morning Comments (Jan 4): Base Metals to Trend Lower as US Dollar Index Rebounds

Shanghai base metals mostly trended lower on Tuesday morning after US dollar rallied significantly. Meanwhile, their counterparts on LME performed similarly.

Jan 4, 2022 10:00

SMM Comments

SMM Morning Comments (Jan 4): Base Metals to Trend Lower as US Dollar Index Rebounds

SMM Evening Comments (Dec 31): Shanghai Nonferrous Metals Mostly Closed with Gains amid Encouraging China PMI for December

Shanghai nonferrous metals mostly closed in the positive territory as the market was cheered up by the macro front, as China released its December official manufacturing and non-manufacturing PMI readings, which topped market expectation.

Dec 31, 2021 19:00

SMM Comments

SMM Evening Comments (Dec 31): Shanghai Nonferrous Metals Mostly Closed with Gains amid Encouraging China PMI for December

SMM: Zinc Prices Are Unlikely to Drop amid High Electricity Prices in the Eurozone

SHFE and LME zinc prices once again hit new highs in two months, mainly owing to the continuously rising electricity and natural gas prices which rose by more than 20% amid intensifying energy shortages in the eurozone, according to SMM. Meanwhile, the costs of smelters also climbed due to low zinc concentrate TCs as a result of tight supply.

Dec 23, 2021 15:41

SMM Insight

SMM: Zinc Prices Are Unlikely to Drop amid High Electricity Prices in the Eurozone

Zinc Social Inventories Down 4,800 mt on Week

Total zinc inventories across seven Chinese markets stood at 125,300 mt as of December 10, down 6,300 mt from December 6 and 4,800 mt from December 3.

Dec 10, 2021 16:00

Analysis SMM Comments

Zinc Social Inventories Down 4,800 mt on Week

SHFE Lead Outperformed LME Lead amid Sound Demand among Others

The moves of SHFE and LME have been heading toward different directions recently. As of December 8, LME lead has been falling for five consecutive sessions. SHFE lead, on the other hand, rallied strongly after falling for two days in a row, and rose 1.88% to 15,175 yuan/mt to close the day.

Dec 9, 2021 14:05

SMM Insight

SHFE Lead Outperformed LME Lead amid Sound Demand among Others

China Weekly Inventory Summary and Data Wrap (Nov 26)

This is a roundup of China's metals weekly inventory as of November 26.

Nov 26, 2021 20:00

Analysis

China Weekly Inventory Summary and Data Wrap (Nov 26)

SMM Events & Webinars

All

Oct
14
- SMM LME Metals Seminar 2025
  Oct 14 - 14,2025
  London , the United Kingdom
Oct
20
- Li-ION BATTERY China
  Oct 20 - 21,2025
  Xiamen, China
Oct
20
- APAC (10th) Stainless Steel Industry Conference 2025
  Oct 20 - 21,2025
  Xiamen, China

Good Fundamentals for LME Zinc, with LME Inventory Slipping to New Low

SMM Events & Webinars

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025