[SMM data] Zinc prices fall downstream to replenish Storage in the Lower reaches of the three places Zinc Social inventory declined significantly-Shanghai Metals Market

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[SMM data] Zinc prices fall downstream to replenish Storage in the Lower reaches of the three places Zinc Social inventory declined significantly

Translation 11:30:43AM Jul 06, 2018 Source:Shanghai Nonferrous Metals Network
The content below was translated by Tencent automatically for reference.

SMM7, June 6, this Wednesday zinc social inventory fell 12200 tons from Friday to 112200 tons, Shanghai, Guangdong and Tianjin all recorded a decline. The main reason is that zinc prices have plummeted this week, smelters cherish to sell less, and maintenance is still more; after the import window is closed, the arrival of less goods, the overall storage volume is not much. The lower reaches slightly replenish the reservoir and drive the elimination of the reservoir. Zinc stocks in the three places decreased significantly.

Historical data reference Web site: data.smm.cn (available for download after registration)

Key Words:  Zinc ingot  stock  output 

[SMM data] Zinc prices fall downstream to replenish Storage in the Lower reaches of the three places Zinc Social inventory declined significantly

Translation 11:30:43AM Jul 06, 2018 Source:Shanghai Nonferrous Metals Network
The content below was translated by Tencent automatically for reference.

SMM7, June 6, this Wednesday zinc social inventory fell 12200 tons from Friday to 112200 tons, Shanghai, Guangdong and Tianjin all recorded a decline. The main reason is that zinc prices have plummeted this week, smelters cherish to sell less, and maintenance is still more; after the import window is closed, the arrival of less goods, the overall storage volume is not much. The lower reaches slightly replenish the reservoir and drive the elimination of the reservoir. Zinc stocks in the three places decreased significantly.

Historical data reference Web site: data.smm.cn (available for download after registration)

Key Words:  Zinc ingot  stock  output