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Home / Metal News / Zinc social inventories extend slide

Zinc social inventories extend slide

Aug 20, 2018 15:31

Source:SMM

Social inventories across Shanghai, Tianjin and Guangdong shrank from a week ago as imports mostly moved downstream directly

SHANGHAI, Aug 20 (SMM) – Social inventories of zinc across Shanghai, Tianjin and Guangdong shrank substantially from a week ago as imported cargoes moved directly downstream.

Inventories came in at 101,200 mt as of Monday August 20, down 21,900 mt from Monday August 13 and down 5,800 mt from last Friday, SMM data showed. Inventory declines in Shanghai and Guangdong accounted for most of the overall decline.

Most imported cargoes moved directly to downstream buyers while limited stocks entered warehouses. As zinc prices fell, smelters held back from selling while downstream made purchases for restocking.

Inventory data

Zinc

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This is a roundup of China's metals weekly inventory as of July 2.

Jul 2, 2021 20:00

Analysis

China weekly inventory summary and data wrap (Jul 2)

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Jul 27, 2020 11:23

Analysis

China copper inventory grew for four straight weeks

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Zinc inventories in China continued to fall this week, primarily propelled by a sharp decline in Shanghai where inflows were affected by heavy rain and floods while outflows were supported by dip-purchases by downstream consumers.

Jul 24, 2020 16:04

Analysis

Zinc social inventories fell below 200,000 mt

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Jul 23, 2020 15:17

Analysis

Aluminium billet inventories rose after two weeks of decline

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Jul 16, 2020 15:32

Analysis

Aluminium billet inventories fell for the second straight week

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Jul 6, 2020 11:08

Analysis

China iron ore port inventories rose as demand weakened on production curbs

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Jul 3, 2020 15:51

Analysis

Shanghai bonded nickel stocks inched up 100 mt from last Wednesday

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Jul 3, 2020 13:39

Analysis

China copper inventory surged 37,300 mt, the 1st weekly increase since late March

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Stocks of copper in Shanghai bonded areas rose for a fourth straight week as of June 19, but the increase slowed from a week ago as the import window reopened.

Jun 19, 2020 14:16

Analysis

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Zinc social inventories extend slide

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