Zinc social inventories added 5,400 mt on weekend

Published: Dec 24, 2019 14:02

Save

Social inventories of refined zinc across 7 areas in China amounted to 118,700 mt as of Monday Dec 23

SHANGHAI, Dec 24 (SMM) – Social inventories of refined zinc across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei stood at 118,700 mt as of Monday December 23, up 5,400 mt from Friday December 20 and up 600 mt from Monday December 16, showed SMM data.

The inventories shrank 2,000 mt week on week to 113,300 mt as of Friday December 20.

While solid demand reduced inventories in Guangdong, stocks in the other six areas registered increases.

Slower consumption from downstream buyers buoyed inventories in Shanghai, and the arrival of a batch of Zijin and Baiyin Zinc grew Tianjin stocks over the weekend.

As of December 23, social inventories of refined zinc across Shanghai, Tianjin and Guangdong climbed 4,000 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.

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

4 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.

4 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...

4 hours ago

5 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.

5 hours ago