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Home / Metal News / Stockpiling caps gains in zinc social inventories

Stockpiling caps gains in zinc social inventories

Jan 14, 2019 14:24

Source:SMM

Stocks across Shanghai, Guangdong and Tianjin stood at 106,800 mt as of Monday Jan 14, up some 2,000 mt from Friday Jan 11

SHANGHAI, Jan 14 (SMM) – Social inventories of refined zinc across Shanghai, Guangdong and Tianjin stood at 106,800 mt as of Monday January 14, up some 2,000 mt from Friday January 11 and 2,800 mt from Monday January 7, SMM data showed.

The import arbitrage window opened on Thursday and generated arrivals of imported zinc at social warehouses over the weekend.

Stockpiling across downstream consumers ahead of the Chinese New Year holiday capped the gains in social inventories.

Inventory data

Zinc

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Stockpiling caps gains in zinc social inventories

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