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Home / Metal News / Zinc stocks in Shanghai bonded areas shrink on the week

Zinc stocks in Shanghai bonded areas shrink on the week

Aug 24, 2018 13:43

Source:SMM

Inventories fell in an arbitrage window that has been open for two consecutive weeks

SHANGHAI, Aug 24 (SMM) – In an arbitrage window that has been open for two consecutive weeks, inventories of zinc in the Shanghai bonded areas extended their declines this week, SMM research found.

Stocks stood at 121,000 mt as of Friday, down 11,000 mt from a week ago.

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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