Arrivals grow social inventories of refined zinc in Guangdong, Tianjin

Published: Nov 26, 2018 13:49

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Social inventories of refined zinc across Shanghai, Guangdong and Tianjin stood at 126,300 mt as of Monday Nov 26

SHANGHAI, Nov 26 (SMM) – Social inventories of refined zinc across Shanghai, Guangdong and Tianjin stood at 126,300 mt as of Monday November 26, up 1,100 mt from Friday November 23 but down 3,200 mt from Monday November 19, SMM data showed.

Over the weekend, stocks in Guangdong and Tianjin expanded as more cargoes from smelters arrived, while stocks in Shanghai declined with fewer seaborne arrivals.

Social stocks of refined zinc across the three regions are unlikely to rebound this week amid improved purchasing interest among downstream consumers.

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.

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