Greater arrivals in Tianjing grow zinc inventories

Published: Aug 10, 2018 13:42
Social inventories of zinc across Shanghai, Tianjin and Guangdong grew 7,900 mt from last Friday to stand at 122,800 mt on Aug 10

SHANGHAI, Aug 10 (SMM) – Social inventories of zinc across Shanghai, Tianjin and Guangdong grew some 7,900 mt from last Friday to stand at 122,800 mt on Friday August 10, SMM data showed. 

An increase of 10,300 mt in Tianjin over the week accounted for the rise. The city also saw greater arrivals of Shuangyan, Zijin, and Hongye brand cargoes. 

Environmental probes and electricity rationing continued to keep downstream consumption sluggish this week. 

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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