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Home / Metal News / Gains in Shanghai bonded zone zinc stocks accelerate

Gains in Shanghai bonded zone zinc stocks accelerate

Dec 29, 2018 08:44

Source:SMM

Zinc ingot stocks across Shanghai bonded areas expanded 17,000 mt from a week ago to 73,000 mt as of Friday Dec 28

SHANGHAI, Dec 29 (SMM) – Zinc ingot stocks across Shanghai bonded areas expanded 17,000 mt from a week ago to 73,000 mt as of Friday December 28, SMM data showed.

Inventories increased for the 10th straight week and this week’s increase was more than twice as much as growth in the previous week.

Inventory data

Zinc

Refined zinc

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Zinc social inventories expanded 1,700 mt over weekend

SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei increased 1,700 mt from last Friday July 9 to 122,000 mt as of Monday July 12. The stocks were up 6,200 mt from July 5.

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Analysis

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Analysis

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Analysis

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Gains in Shanghai bonded zone zinc stocks accelerate

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