Flash: China’s zinc inventory to continue rise

Published: Mar 16, 2018 13:42

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Social inventories of zinc in Shanghai, Guangdong and Tianjin stood at 265,100 mt as of Friday March 16, according to SMM data. This is up from 261,500 mt on Friday March 9.

SHANGHAI, Mar 16 (SMM) – Social inventories of zinc in Shanghai, Guangdong and Tianjin stood at 265,100 mt as of Friday March 16, according to SMM data. This is up from 261,500 mt on Friday March 9. Social inventories in Shanghai and Tianjin declined, while those in Guangdong rose.

Inventories are likely to dip as production recovers when the two political sessions end.

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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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