Zinc social inventories rose 2,000 mt on week

Published: Oct 25, 2019 11:46

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Greater arrivals from domestic smelters grew inventories in Shanghai

SHANGHAI, Oct 25 (SMM) – Social inventories of refined zinc in Shanghai, Tianjin and Guangdong were 2,000 mt higher than that on October 18, standing at 138,400 mt as of Friday October 25, according to SMM data.

Greater arrivals from domestic smelters grew inventories in Shanghai. This offset declines in Guangdong, which was caused by improved local consumption and smaller arrivals.

As of October 25, zinc stocks in Tianjin were little changed from a week earlier.

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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