Zinc social inventories grow on imports, arrivals from smelters

Published: Sep 25, 2018 14:50

Save

Stocks across Shanghai, Tianjin and Guangdong came in at 126,700 mt as of Tuesday Sep 25, up 7,300 mt from Friday Sep 21

SHANGHAI, Sep 25 (SMM) – Social inventories of refined zinc across Shanghai, Tianjin and Guangdong grew over the three-day Mid-Autumn Festival holiday with increases in Shanghai accounting for the majority as imported materials entered social warehouses and as deliveries from smelters arrived, SMM research found.

The Shanghai market also saw some cargoes from Tianjin Hongye smelter.

Stocks across the three regions came in at 126,700 mt as of Tuesday September 25, up 7,300 mt from Friday September 21, SMM data showed.

SMM does not expect zinc stocks to extend their gains this week as some downstream consumers 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 to learn 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

38 mins ago

Teck Q1 2026: Zinc Production Down 12% YoY, Red Dog and Antamina in Line with Plans

[Teck Q1 2026 Results Released] On April 22, Teck released its Q1 2026 report. The report showed that its total zinc concentrates production for the quarter was 120,300 mt, down 12% YoY, in line with the planned production plans for the Red Dog mine and the Antamina mine. Specifically, the Red Dog mine produced 106,200 mt of zinc concentrates in Q1, down 9% YoY, mainly due to lower grades, in line with mining plan expectations. Antamina's zinc concentrates production attributable to Teck was 14,100 mt, down 31% YoY, mainly due to lower zinc grades and recovery rates, in line with mining plan expectations.

38 mins ago

1 hour ago

MMG Reports Strong Q1 2026 Production: Copper Up 9%, Gold Up 24%, Silver Up 27%

MMG Limited (MMG) has made a strong start to 2026, delivering solid first quarter production results and safety improvements.Total copper production, including copper in concentrate and cathode, increased nine per cent year-on-year to 128,698 tonnes. A result underpinned by robust performances at Las Bambas and Kinsevere. Precious metals production was also impressive, with gold output increasing by 24 per cent and silver by 27 per cent compared with the prior year period. Group precious metals production totalled 32,177 ounces of gold and 2,888,861 ounces of silver. Total zinc production was 50,263 tonnes, three per cent lower than the prior year.

1 hour ago

3 hours ago

Data: SHFE, DCE market movement (Apr 23)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 23 Apr , 2026

3 hours ago