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Home / Metal News / Outflow from Guangdong lowers zinc social inventories

Outflow from Guangdong lowers zinc social inventories

May 27, 2019 11:26

Source:SMM

With deliveries arriving at social warehouses, inventories are expected to rebound this week

SHANGHAI, May 27 (SMM) – Social inventories of refined zinc across Shanghai, Guangdong and Tianjin extended their declines over the weekend as more cargoes moved from warehouses in Guangdong to eastern China.

SMM data showed that inventories decreased by 21,500 mt from Monday May 20, and by 5,100 mt from Friday May 24, to stand at 137,300 mt as of Monday May 27.

With deliveries arriving at social warehouses, inventories are expected to rebound this week.

Inventory data

Zinc

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This is a roundup of China's metals weekly inventory as of July 2.

Jul 2, 2021 20:00

Analysis

China weekly inventory summary and data wrap (Jul 2)

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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

Shanghai bonded refined nickel stocks remained unchanged on week

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Sep 4, 2020 17:42

Analysis

Shanghai bonded refined nickel stocks remained unchanged on week

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Sep 4, 2020 15:25

Analysis

China steel rebar inventory shrank on week in a high season

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Sep 4, 2020 14:20

Analysis

Social inventories of lead ingots dropped larger than expectations

Silicon social inventories rose 4,000 mt on week

Social inventories of silicon metal in China edged higher this week as producers in Yunnan stepped up operations.

Aug 28, 2020 16:52

Analysis

Silicon social inventories rose 4,000 mt on week

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Aug 28, 2020 13:51

Analysis

Social inventories of lead ingots dipped 700 mt on week

Zinc social inventories expanded 6,700 mt from last Friday

Zinc inventories in China increased 6,700 mt over the weekend, and Shanghai and Tianjin were the two major contributors.

Aug 3, 2020 14:14

Analysis

Zinc social inventories expanded 6,700 mt from last Friday

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Silicon metal inventories in China continued to rise this week, albeit by a slower pace as seasonal gains in south China’s Kunming were offset by losses in the north caused by the shutdown of a major plant in Xinjiang and logistical disruptions amid a flare-up in coronavirus infections there.

Jul 31, 2020 16:33

Analysis

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Jul 27, 2020 11:25

Analysis

Primary aluminium inventories fell below 700,000 mt

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Outflow from Guangdong lowers zinc social inventories

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