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Home / Metal News / Zinc social inventories fall as purchases improve on lower prices

Zinc social inventories fall as purchases improve on lower prices

Aug 12, 2019 13:25

Source:SMM

Stocks declined 6,300 mt from Aug 9 to stand at 142,400 mt as of Aug 12

SHANGHAI, Aug 12 (SMM) – Social inventories of refined zinc across Shanghai, Tianjin and Guangdong decreased over the weekend, as downstream consumers ramped up purchases after prices of futures tumbled.

SMM data showed that the stocks declined 6,300 mt from Friday August 9 and 3,500 mt from Monday August 5 to stand at 142,400 mt as of Monday August 12. Respective stocks in the three regions all fell over the weekend.

It was heard that some Guangdong materials have been delivered to Shanghai.

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)

SMM Evening Comments (Dec 25): Shanghai nonferrous metals rose across the board for the 2nd day

SHFE nonferrous metals closed higher across the board on Friday December 25.

Dec 25, 2020 18:00

SMM Comments

SMM Evening Comments (Dec 25): Shanghai nonferrous metals rose across the board for the 2nd day

Zinc social inventories shrank 500 mt over weekend

Zinc inventories in China fell over the weekend, primarily propelled by a decrease in Guangdong.

Dec 21, 2020 13:57

Analysis

Zinc social inventories shrank 500 mt over weekend

SMM Morning Comments (Dec 21): Base metals on both SHFE and LME fell mostly on dollar bounce-back

Shanghai base metals and their counterparts on the LME cruised lower for the most part on Monday morning as the US dollar rebounded slightly.

Dec 21, 2020 10:05

SMM Comments

SMM Morning Comments (Dec 21): Base metals on both SHFE and LME fell mostly on dollar bounce-back

SMM Evening Comments (Nov 23): Shanghai nonferrous metals closed mostly higher, tin fell 0.01%

SHFE nonferrous metals rose for the most part on Monday November 23 as investors continued to watch for coronavirus developments.

Nov 23, 2020 17:30

SMM Comments

SMM Evening Comments (Nov 23): Shanghai nonferrous metals closed mostly higher, tin fell 0.01%

SMM Morning Comments (Nov 20): Shanghai base metals were mostly higher and the LME complex also rose for the most part

Nonferrous metals on the SHFE were mostly higher on Friday morning, and their counterparts on the LME also rose for the most part.

Nov 20, 2020 09:25

SMM Comments

SMM Morning Comments (Nov 20): Shanghai base metals were mostly higher and the LME complex also rose for the most part

SMM Evening Comments (Nov 16): Shanghai nonferrous metals rose broadly on the signing of RECP and positive Chinese economic data

SHFE nonferrous metals were mostly higher on Monday November 16 on the signing of the Regional Comprehensive Economic Partnership (RECP) over the weekend and upbeat Chinese economic data released today.

Nov 16, 2020 18:48

SMM Comments

SMM Evening Comments (Nov 16): Shanghai nonferrous metals rose broadly on the signing of RECP and positive Chinese economic data

Zinc social inventories shrank 1,600 mt over weekend

Zinc inventories in China fell slightly over the weekend, primarily propelled by a decrease in Shanghai and Guangdong.

Nov 16, 2020 14:35

Analysis

Zinc social inventories shrank 1,600 mt over weekend

SMM Morning Comments (Nov 12): Shanghai base metals performance mixed as the pandemic situation remains severe

Shanghai base metals traded mixed on Thursday morning following an overnight bounce for tech stocks on Wall Street as a recent rotation into cyclicals paused. Meanwhile, their counterparts on the LME also set for a mixed start.

Nov 12, 2020 09:28

SMM Comments

SMM Morning Comments (Nov 12): Shanghai base metals performance mixed as the pandemic situation remains severe

SMM Morning Comments (Nov 11): Shanghai base metals performance mixed as coronavirus vaccine hopes buoy sentiment

Shanghai base metals traded mixed on Wednesday morning, as investor sentiment continued to be buoyed by a recent positive development on the coronavirus vaccine front. Meanwhile, their counterparts on the LME were mostly higher.

Nov 11, 2020 09:20

SMM Comments

SMM Morning Comments (Nov 11): Shanghai base metals performance mixed as coronavirus vaccine hopes buoy sentiment

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Zinc social inventories fall as purchases improve on lower prices

SMM Events & Webinars

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo

CLNB 2025 (10th) China International New Energy Industry Expo