Zinc social inventories increased 5,700 mt over weekend

Published: Mar 2, 2020 14:39

Save

Social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei stood at 319,100 mt as of March 2, up 5,700 mt from February 28.

SHANGHAI, Mar 2 (SMM) – Zinc inventories in China appeared to rise slower on the back of the gradual recovery of downstream consumers, showed SMM data.

SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei stood at 319,100 mt as of Monday March 2, up 5,700 mt from Friday February 28 and 12,700 mt from Monday February 24.

The gain over the weekend was less than half of an increase of 11,900 mt in the previous weekend (February 21-24).

Gains were seen in Shanghai, Guangdong and Zhejiang over the weekend, while stocks in Tianjin barely changed as production curtailments or shutdowns of smelters reduced deliveries to social warehouses.

Compared to last Friday, social inventories of refined zinc across Shanghai, Tianjin and Guangdong increased 4,200 mt.

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 to learn 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

11 hours ago

Touchi Joins SMM 2026 (3rd) Global Renewable Metals Summit as Banquet Title Sponsor, Shaping Green Future Together

Shanghai Metals Market (SMM) is delighted to announce that Touchi International Corp has officially joined our 2026 (3rd) Global Renewable Metals Industry Summit to be held in Tokyo, Japan, on May 11-12, 2026, as the Banquet Title Sponsor.

11 hours ago

2026 Galvanizing Enterprise Chinese New Year Break Arrangements [SMM Analysis]

11 hours ago

12 hours ago

2026 Galvanized Sheet Chinese New Year Break Arrangements: A First Look!

With the Chinese New Year holiday approaching, galvanized sheet plants in multiple domestic regions have successively announced their holiday shutdown plans. SMM conducted a survey on the holiday situation among galvanized sheet enterprises, covering a sample of 22 enterprises with a total annual capacity of 16.83 million mt.

12 hours ago