Metals News
It's up by more than 30%! Shanghai zinc inventory brushes recent two-month high
translation
03:32PM
Jun 17,2019
Source:Wenhua Finance and Economics
The content below was translated by Tencent automatically for reference.

SMM News: London Metal Exchange (LME) data released on Friday showed that London zinc stocks fell slightly to 100625 tons. For nearly a month, the exchange's zinc stocks have fluctuated around 100,000 tons of hurdles.

Shanghai zinc stocks rose for three weeks to June 14, surging more than 30 per cent to 79945 tons a week, near a two-month high, according to data released in the previous period.

Note: generally speaking, the falling stock of domestic and foreign exchanges will support the futures price, on the contrary, it will be negative for the futures price.

 

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