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Home / Metal News / Zinc social inventories rose 2,000 mt on week

Zinc social inventories rose 2,000 mt on week

Oct 25, 2019 11:46

Source:SMM

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

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SHFE nonferrous metals all went up today, amid the dovish statement by the European Central Bank president, the high US jobless claims, and the high July PMI in Eurozone.

Jul 23, 2021 18:30

SMM Comments

SMM Evening Comments (Jul 23): Shanghai nonferrous metals rose the board amid unexpected high US jobless claims

SMM Morning Comments (Jul 16): Shanghai base metals rose across the board as jobless claims data helped

Shanghai base metals all cruised higher on Friday morning after the head of the Federal Reserve told Congress he saw no need to rush the shift towards tighter post-pandemic monetary policy. Meanwhile, their counterparts on the LME mostly cruised lower.

Jul 16, 2021 10:00

SMM Comments

SMM Morning Comments (Jul 16): Shanghai base metals rose across the board as jobless claims data helped

SMM Morning Comments (Jul 5): Shanghai base metals rose across the board as US jobs report beat expectations

Shanghai base metals were mostly higher on Monday morning as investors digested a better-than-expected US jobs report. Meanwhile, their counterparts on the LME fell for the most part.

Jul 5, 2021 10:00

SMM Comments

SMM Morning Comments (Jul 5): Shanghai base metals rose across the board as US jobs report beat expectations

SMM Morning Comments (Jun 29): Shanghai base metals were mixed as investors monitored rising Covid-19 cases around the globe

Shanghai base metals mostly cruised lower on Tuesday morning despite gains overnight on Wall Street that saw the S&P 500 and Nasdaq Composite touching fresh record closing highs. Meanwhile, their counterparts on the LME traded mixed.

Jun 29, 2021 10:00

SMM Comments

SMM Morning Comments (Jun 29): Shanghai base metals were mixed as investors monitored rising Covid-19 cases around the globe

Zinc social inventories shrank 12,100 mt on week

SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei decreased 12,100 mt in the week ended June 25 to 116,500 mt. The stocks fell 6,400 mt from Monday June 21.

Jun 25, 2021 14:44

Analysis

Zinc social inventories shrank 12,100 mt on week

SMM Evening Comments (Apr 29): Shanghai nonferrous metals closed mostly higher, lead fell 0.71%

SHFE nonferrous metals rose for the most part on Thursday April 29 as investors reacted to the US Federal Reserve's decision to keep its easy money policy in place.

Apr 29, 2021 18:00

SMM Comments

SMM Evening Comments (Apr 29): Shanghai nonferrous metals closed mostly higher, lead fell 0.71%

SMM Evening Comments (Apr 26): Shanghai nonferrous metals rose across the board as investors focused on busy week of data, earnings

SHFE nonferrous metals closed higher across the board on Monday April 26 as investors gear up for a busy week on the data and earnings front.

Apr 26, 2021 18:00

SMM Comments

SMM Evening Comments (Apr 26): Shanghai nonferrous metals rose across the board as investors focused on busy week of data, earnings

SMM Evening Comments (Apr 13): Shanghai nonferrous metals declined for the most part, aluminium advanced 1.87%

SHFE nonferrous metals broadly fell on Tuesday April 13 following a muted finish overnight on Wall Street.

Apr 13, 2021 18:00

SMM Comments

SMM Evening Comments (Apr 13): Shanghai nonferrous metals declined for the most part, aluminium advanced 1.87%

Zinc social inventories shrank 4,700 mt on week

SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei decreased 4,700 mt in the week ended April 9 to 228,800 mt. The stocks rose 400 mt from Tuesday April 6.

Apr 9, 2021 17:21

Analysis

Zinc social inventories shrank 4,700 mt on week

SMM Morning Comments (Mar 18): Shanghai base metals were mostly higher as investors reacted to Fed decision

Nonferrous metals on the SHFE were mostly higher on Thursday morning on a positive note following record gains on Wall Street after the US Federal Reserve’s policymaking committee voted to keep short-term borrowing rates near zero. Meanwhile, their counterparts on the LME also rose for the most part.

Mar 18, 2021 10:00

SMM Comments

SMM Morning Comments (Mar 18): Shanghai base metals were mostly higher as investors reacted to Fed decision

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Zinc social inventories rose 2,000 mt on week

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