Zinc social inventories rebounded 2,800 mt over weekend

Published: Dec 16, 2019 14:44

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Stocks across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei stood at 118,100 mt as of December 16

SHANGHAI, Dec 16 (SMM) – Social inventories of refined zinc across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei stood at 118,100 mt as of Monday December 16, up 2,800 mt from Friday December 13 but down 3,300 mt from Monday December 9, showed SMM data.

Concentrated arrivals and limited deliveries bolstered stocks in Tianjin over the weekend. This, coupled with moderate gains in other regions, led to the increase in overall inventories, which was partially offset by a decline in Zhejiang where saw limited arrivals and stable deliveries.

As of December 16, social inventories of refined zinc across Shanghai, Tianjin and Guangdong increased 4,800 mt from last Friday.

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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