Zinc social inventories inch up over weekend as imports grow stocks in Shanghai

Published: Oct 29, 2018 13:46

Save

Stocks across Shanghai, Guangdong, Tianjin rose by 1,800 mt from Friday Oct 26 to stand at 150,700 mt as of Monday Oct 29

SHANGHAI, Oct 29 (SMM) – Social inventories of refined zinc across Shanghai, Guangdong and Tianjin increased by 1,800 mt from Friday October 26 to stand at 150,700 mt as of Monday October 29, SMM data showed.

Stocks in Shanghai grew some 4,000 mt, or 5.75%, over the weekend as imported materials entered domestic markets. Stocks in Shanghai-bonded areas saw the first weekly increase in close to six months last week.

Market participants should monitor seaborne arrivals at ports, which are likely to further grow social stocks.

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

6 hours ago

US Dollar Index Strengthened, LME Zinc Came Under Pressure and Edged Lower [SMM Zinc Morning Meeting Summary]

[SMM Morning Zinc Briefing: Stronger US Dollar Index Put LME Zinc Under Pressure and Slightly Lower]: Overnight, LME zinc opened at $3,095/mt. After the opening, LME zinc fluctuated downward along the daily average line, hitting an intraday high of $3,097/mt. Near the close, LME zinc fell to a low of $3,027/mt, and finally closed down at $3,038.5/mt, down $64.5/mt, a decline of 2.08%, while trading volume decreased to 11,298 lots...

6 hours ago

Persistent Macro Uncertainty Continued to Weigh on SHFE Zinc, Which Remained in the Doldrums [SMM Zinc Morning Comment]

[SMM Zinc Morning Comment: Persistent Macro Uncertainty Continued to Weigh on SHFE Zinc, Which Remained in the Doldrums] Overnight, the most-traded SHFE zinc 2605 contract opened at 22,875 yuan/mt. During the night session, SHFE zinc fluctuated above the daily average line, touched an intraday high of 22,970 yuan/mt, and dipped to 22,835 yuan/mt near the close, before ending down at 22,880 yuan/mt, down 95 yuan/mt, or 0.41%..

6 hours ago

23 hours ago

Data: SHFE, DCE market movement (Mar 24)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 24 Mar , 2026

23 hours ago