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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

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Zinc social inventories expanded 1,700 mt over weekend

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Jul 12, 2021 17:00

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Zinc social inventories shrank 1,600 mt over weekend

Zinc inventories in China fell over the weekend, primarily propelled by a decrease in Shanghai and Guangdong.

Dec 7, 2020 14:13

Analysis

Zinc social inventories shrank 1,600 mt over weekend

Guangdong zinc inventory fall to 2.5-year low

Fewer deliveries from smelters and an improved proclivity to restock across downstream consumers accounted for the decline

Aug 22, 2018 17:07

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Guangdong zinc inventory fall to 2.5-year low

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Zinc stocks in Shanghai bonded areas shrink on the week

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