LME zinc inventories rebounded to highest since end-Oct

SHANGHAI, Nov 20 (SMM) – Zinc inventories across LME-approved warehouses recovered from record lows, rising 7.75% on November 19 to 56,275 mt, the highest since end October, according to data from the London Metal Exchange.

But LME zinc stocks remained at lows in nearly 12 years. 

Data from the Shanghai Futures Exchange showed that zinc stocks across SHFE-listed warehouses fell a sharp 10.46% week on week to 57,121 mt as of November 15. This marked the lowest in nearly half a year.