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Home / Metal News / Smelter deliveries grow zinc social stocks

Smelter deliveries grow zinc social stocks

Apr 12, 2019 11:20

Source:SMM

Further recovery of consumption is expected to lower inventories next week

SHANGHAI, Apr 12 (SMM) – Stable recovery of downstream demand continued to lower social inventories of refined zinc from a week ago, but deliveries from smelters and seaborne arrivals grew stocks from Monday April 8, SMM data showed on Friday April 12.

Social inventories of refined zinc across Shanghai, Guangdong and Tianjin decreased by 1,000 mt from Friday April 5, but rose 2,000 mt from Monday April 8, to stand at 203,100 mt as of Friday April 12.

Downstream consumers favoured imported cargoes this week, SMM learned. We expect a further recovery of consumption to lower inventories next week.

Inventory data

Zinc

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SMM Comments

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SMM Comments

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Jul 19, 2021 16:36

Industry

NDRC: To further release copper, aluminium, and zinc reserves, strictly penalise price bidding

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SMM Comments

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SMM Comments

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SMM Comments

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SMM Comments

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SMM Comments

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SMM Comments

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Operating rates of copper rods are expected to decline in September with high inventories

Operating rates at copper rod makers stood at 72.66% in August, a decrease of 3.50 percentage points month on month and 2.79 percentage points year on year, according to SMM survey.

Sep 7, 2020 10:33

Analysis

Operating rates of copper rods are expected to decline in September with high inventories

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Smelter deliveries grow zinc social stocks

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit