Zinc social inventories edged down 200 mt over weekend

Published: Nov 18, 2019 13:16

Save

Stocks decreased by 200 mt from Nov 15 to 134,900 mt as of Nov 18

SHANGHAI, Nov 18 (SMM) – Social inventories of refined zinc across Shanghai, Tianjin and Guangdong decreased by 200 mt from last Friday November 15 and 5,500 mt from last Monday November 11 to 134,900 mt as of November 18, showed SMM data.

Shanghai contributed to the inventory decline, shrinking 2,200 mt over the weekend, as downstream consumers were keen to restock while arrivals of seaborne materials remained limited.

Stocks in Guangdong rose over the weekend, as arrivals increased after the spreads between Guangdong and Shanghai prices narrowed.

Downstream consumers in Tianjin, meanwhile, remained cautious about procurement, leading to higher inventories.

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.

For any inquiries or to learn 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

15 hours ago

SHFE zinc fluctuates at highs intraday; attention on subsequent export window [SMM zinc futures brief commentary]

[Intraday SHFE Zinc Fluctuated at Highs, Export Window Worth Watching]: The most-traded SHFE zinc 2605 contract opened at 23,910 yuan/mt. After the opening, SHFE zinc fluctuated around the daily average line. It touched a high of 24,000 yuan/mt early in the session, then dipped to a low of 23,855 yuan/mt during the session, and finally closed higher at 23,905 yuan/mt, up 5 yuan/mt or 0.02%.

15 hours ago

16 hours ago

Data: SHFE, DCE market movement (Apr 16)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 16 Apr , 2026

16 hours ago

18 hours ago

[SMM Announcement] SMM to Officially Launch SHG zinc premium, in-warehouse Rotterdam Price Assessment

In recent years, spot premiums in the European zinc market have shown significantly greater volatility amid fluctuations in energy costs, regional supply-demand mismatches, frequent temporary smelter curtailments, and shifts in inter-regional trade flows. As one of Europe’s most important hubs for non-ferrous metals logistics, warehousing and spot trade, Rotterdam has long played a key role in the distribution, storage and circulation of imported refined zinc in Europe......

18 hours ago