Zinc stocks in Shanghai bonded areas shrink on the week

Published: Aug 24, 2018 13:43
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.

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Zinc stocks in Shanghai bonded areas shrink on the week - Shanghai Metals Market (SMM)