Limited arrivals, downstream restocking lower zinc social inventories

Published: Jul 26, 2019 10:43

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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.

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.

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