Imports, cargoes from smelters grow zinc social stocks across Shanghai, Tianjin, Guangdong

Published: Sep 21, 2018 12:14 (GMT+8)

Save

The inventories stood at 119,400 mt as of Friday Sep 21, up some 1,500 mt from a week ago and up about 2,400 mt from Monday

SHANGHAI, Sep 21 (SMM) – Social inventories of refined zinc across Shanghai, Tianjin and Guangdong stood at 119,400 mt as of Friday September 21, up some 1,500 mt from a week ago and up about 2,400 mt from Monday, SMM data showed.

Arrivals of imported materials grew the stocks in Shanghai, but downstream purchases limited the growth. Stocks in Tianjin increased on arrivals from smelters including Zijin and Hongye. Stocks in Guangdong shrank as production at some smelters across the region was impacted by maintenance and Typhoon Mangkhut and as downstream consumers made some purchases.

SMM expects social inventories across the three regions to decrease next week as some downstream consumers would stockpile ahead of the week-long National Day holiday.

Inventory data Zinc

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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

6 hours ago

【Flash | Coherent’s PhotonLink Sets the Stage for a Commercial Indium Phosphide (InP) Ramp】

Coherent launched PhotonLink, an integrated optics platform for AI infrastructure incorporating Indium Phosphide (InP) lasers, silicon photonics, detectors and optical modules. The company disclosed more than 10 CPO engagements, over 10 NPO engagements and more than five chip-to-chip connectivity projects, with anchor customers and long-term agreements secured for both CPO and NPO. Revenue is expected to begin ramping in Q4 2026. Coherent has shipped over 300 million InP lasers and is expanding its 6-inch InP manufacturing capacity to support the ramp. The customer pipeline provides a clearer commercial demand signal for InP devices and upstream materials, although additional capacity and indium consumption were not disclosed.

6 hours ago

10 hours ago

Adamera Completes Preliminary Talisman Underground Inspection; Detailed Assessment Still Required

Adamera Minerals announced that JDS Energy & Mining had completed a preliminary underground inspection at its wholly owned Talisman project in Washington State. No immediate impediment to safe re-entry was identified, and mineralization including sphalerite was observed near the portal and adit. More than 200 soil samples await results. Significant underground work still requires detailed geotechnical assessment, support design and stope inspection. Mineral observations do not establish grade, continuity, tonnage or economic potential.

10 hours ago

【SMM Flash News】Windfall Renews 592 Hectares of Bathurst Claims to Advance Zinc-Copper Target Validation

Windfall Geotek announced renewal of 592 hectares of claims in Canada’s Bathurst Mining Camp. Zinc targets at Upper Sprig Brook were generated using an AI model trained on zinc-copper assays from seven local volcanogenic massive sulphide deposits. The company plans historical-data compilation and rock or soil sampling to advance target validation and subsequent drill targeting. No new drilling assays or mineral resource estimate were announced.

10 hours ago