Shanghai-bonded zinc stocks inched up as port operations recovered

Published: Feb 21, 2020 14:58

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Shanghai bonded zinc stocks increased 100 mt in the week ended February 21 to 73,000 mt, after a decline of 1,500 mt in the previous week

SHANGHAI, Feb 21 (SMM) – Inventories of zinc ingot across Shanghai-bonded areas edged up this week, as operations at the port recovered somewhat.

SMM data showed that Shanghai bonded zinc stocks increased 100 mt in the week ended February 21 to 73,000 mt, after a decline of 1,500 mt in the previous week.

Transport capacity constraints and manpower shortages, however were still affecting cargo deliveries to and from ports. There were some outbound shipments of zinc ingots this week, due to losses.

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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