Limited arrivals, downstream restocking lower zinc social inventories

Published: Jul 26, 2019 10:43
Stocks decreased by 6,700 mt from Jul 22 to stand at 144,500 mt as of Jul 26

SHANGHAI, Jul 26 (SMM) – Zinc social inventories across Shanghai, Tianjin and Guangdong continued to shrink this week, lowered by limited arrivals of domestic and seaborne materials and restocking by downstream consumers, showed an SMM survey.

SMM data showed that stocks across the three regions decreased by 1,100 mt from Friday July 19 and by 6,700 mt from Monday July 22 to stand at 144,500 mt as of Friday July 26.

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 for 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
SHFE Zinc Prices Consolidate at Highs, Weak Downstream Demand Dampens Spot Trading
Aug 14, 2026 18:12
SHFE Zinc Prices Consolidate at Highs, Weak Downstream Demand Dampens Spot Trading
Read More
SHFE Zinc Prices Consolidate at Highs, Weak Downstream Demand Dampens Spot Trading
SHFE Zinc Prices Consolidate at Highs, Weak Downstream Demand Dampens Spot Trading
[Shanghai Refined Zinc Market] This week, SHFE zinc futures prices consolidated at highs, with the overall center up notably WoW. In the off-season, overall orders at downstream enterprises remained poor, and amid persistent fear of high prices, overall zinc ingot purchasing interest during the week was weak. Overall spot trading during the week was sluggish; traders had difficulty selling, and spot premiums fell during the week.
Aug 14, 2026 18:12
Ningbo Zinc Market Sees Stable Supply and Steady Premiums Amid Moderate Demand
Aug 14, 2026 18:12
Ningbo Zinc Market Sees Stable Supply and Steady Premiums Amid Moderate Demand
Read More
Ningbo Zinc Market Sees Stable Supply and Steady Premiums Amid Moderate Demand
Ningbo Zinc Market Sees Stable Supply and Steady Premiums Amid Moderate Demand
[Ningbo Refined Zinc Market] This week, the Ningbo market had ample overall spot supply, traders' selling quotations were relatively stable, and overall spot premiums changed little. Demand side, orders at downstream alloy plants had yet to improve significantly, spot zinc ingot purchases were mainly based on rigid demand, and market transactions were moderate. Ningbo spot premiums are expected to continue consolidating next week.
Aug 14, 2026 18:12
China's Port Zinc Concentrate Inventories Drop by 36,000 mt WoW to 244,000 mt
Aug 14, 2026 18:12
China's Port Zinc Concentrate Inventories Drop by 36,000 mt WoW to 244,000 mt
Read More
China's Port Zinc Concentrate Inventories Drop by 36,000 mt WoW to 244,000 mt
China's Port Zinc Concentrate Inventories Drop by 36,000 mt WoW to 244,000 mt
[Port Zinc Concentrate Inventories] This week, SMM zinc concentrate inventories at main ports in China totaled 244,000 mt in physical content, down 36,000 mt WoW, with Fangchenggang Port inventories accounting for the main decline.
Aug 14, 2026 18:12
Limited arrivals, downstream restocking lower zinc social inventories - Shanghai Metals Market (SMM)