Shanghai-bonded zinc stocks fall for 6 weeks

Published: Jul 8, 2019 09:20

Save

Stocks lost 400 mt from Jun 28 to stand at 90,700 mt as of Jul 5

SHANGHAI, Jul 8 (SMM) – Stocks of refined zinc across Shanghai-bonded warehouses fell for a sixth straight week, in the week ended Friday July 5, by some 400 mt as a closed import arbitrage window kept trades light.

SMM data showed that stocks lost 400 mt from Friday June 28 to stand at 90,700 mt as of Friday July 5, after a drop of 2,200 mt in the prior week.

Import profits remained in negative territory last week, even as the backwardation structure on LME zinc collapsed.

Inventory data Zinc

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

22 hours ago

Terminal Performance "Uneven," Zinc Oxide Chinese New Year Break Up YoY

22 hours ago

Dual Pressures Force Die-Casting Zinc Alloy Firms to Lengthen Chinese New Year Holidays

Approaching the 2026 Chinese New Year, SMM conducted communication and research on the pre-holiday break arrangements of domestic die-casting zinc alloy enterprises. This survey covered 20 enterprises, with a total annual capacity of 829,000 mt, involving a zinc consumption scale during the holiday period of approximately 45,548 mt.

22 hours ago

23 hours ago

Data: SHFE, DCE market movement (Feb 06)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 06 Feb , 2026

23 hours ago