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Zinc inventories up on more deliveries of imports to Shanghai

iconJun 4, 2018 14:13
Source:SMM
Social inventories of zinc as of Monday June 4 increased 3,800 mt from Friday June 1 and stood at 122,100 mt across Shanghai, Guangdong and Tianjin

SHANGHAI, Jun 4 (SMM) – Social inventories of zinc as of Monday June 4 increased 3,800 mt from Friday June 1 and stood at 122,100 mt across Shanghai, Guangdong and Tianjin, SMM data showed.

A rise of 4,800 mt across Shanghai's warehouses and more deliveries of imported zinc during the weekend accounted for the increase.

Compared to last Friday, inventories shrank 650 mt to 20,200 mt in Guangdong, and shrank 350 mt to 23,270 mt in Tianjin.

Zinc inventories across the three major markets grew 1,800 mt from 120,400 mt a week ago on May 28.


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Inventory data
Zinc
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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