Zinc social inventories fell 500 mt on weekend

Published: Nov 25, 2019 13:16

Save

Inventories on Monday were 500 mt lower from last Friday

SHANGHAI, Nov 25 (SMM) – Social inventories of refined zinc across Shanghai, Tianjin and Guangdong continued to fall over the weekend, standing 500 mt lower from November 22 and 6,200 mt lower from November 18, at 128,800 mt as of November 25, showed SMM data.

Stable downstream consumption in Ningbo of Zhejiang province reduced inventories in Shanghai by 1,500 mt over the weekend; active stockpiling on lower prices also cut stocks in Guangdong by 1,100 mt.

Stockpiles in Tianjin, meanwhile, rose more than 2,000 mt as disrupted arrivals of high-quality brands lifted spot premiums and sidelined downstream buyers.

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 for 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

8 hours ago

[SMM Analysis]China's Galvanized Steel Sheet Trade Holds Firm in H1 2026, but H2 Recovery Faces External Headwinds

According to the latest customs data, China exported a total of 6.7066 million mt of galvanized steel sheet during January–June 2026, down 3.13% YoY, while imports totaled 327,500 mt, a 14.78% YoY decline. Overall, although exports softened compared with the same period last year, the decline remained relatively limited, demonstrating the resilience of China's galvanized steel sheet exports.

8 hours ago

2026 H1 Galvanized Sheet Import and Export Review and H2 Outlook [SMM Analysis]

[SMM Analysis: 2026 H1 Galvanized Sheet Import and Export Review and H2 Outlook] According to customs data, from January to June 2026, China's cumulative exports of galvanized sheet reached 6.7066 million mt, down 3.13% YoY; cumulative imports reached 327,500 mt, down 14.78% YoY. Overall, although China's galvanized sheet exports in H1 pulled back compared to the same period last year, the decline was relatively limited...

8 hours ago

9 hours ago

[SMM Analysis] China’s Zinc Concentrate Imports Rose in H1 2026, but Tightening Fundamentals Cloud the Outlook

According to China Customs data, China imported 2.7616 million tonnes (gross weight) of zinc concentrate during January–June 2026, up 8.98% year on year, with overall imports posting modest growth compared with the same period last year.

9 hours ago