Zinc social inventories gained 5,600 mt over weekend

Published: Mar 16, 2020 11:54

Save

Zinc inventories in China continued to trend higher over the weekend, as arrivals at south China increased and as limited cargoes were delivered from warehouses in the south and east. SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei stood at 340,500 mt as of Monday March 16, up 5,600 mt from Friday March 13 and 2,600 mt from Monday March 9.

SHANGHAI, Mar 16 (SMM) – Zinc inventories in China continued to trend higher over the weekend, as arrivals at south China increased and as limited cargoes were delivered from warehouses in the south and east.

SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei stood at 340,500 mt as of Monday March 16, up 5,600 mt from Friday March 13 and 2,600 mt from Monday March 9.

Compared to Shanghai and Guangdong, Tianjin saw a much smaller gain in zinc stocks over the weekend, as major smelters in north China suspended or curtailed production.

Compared to last Friday, social inventories of refined zinc across Shanghai, Tianjin and Guangdong increased 4,800 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

7 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.

7 hours ago

8 hours ago

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

8 hours ago

9 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.

9 hours ago