Shanghai-bonded zinc stocks dropped 2,000 mt on week

Published: Jun 5, 2020 13:34

Save

Inventories of zinc ingot across Shanghai-bonded areas registered a much smaller decline this week, as import losses widened sharply on a lower ratio of SHFE zinc prices to its LME counterpart.

SHANGHAI, Jun 5 (SMM) – Inventories of zinc ingot across Shanghai-bonded areas registered a much smaller decline this week, as import losses widened sharply on a lower ratio of SHFE zinc prices to its LME counterpart.

The stocks fell for a seventh straight week this week, decreasing 2,000 mt from a week earlier to 44,000 mt as of Friday June 5, showed SMM data. The stocks dropped 8,800 mt last week.

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

12 hours ago

Zinc Industry Co. Reports 2025 Earnings, Targets 390,000 mt Non-Ferrous Metal Production for 2026

[Zinc Industry Co., Ltd. Released 2025 Annual Report] On April 24, Zinc Industry Co., Ltd. released its 2025 annual report. During the reporting period, the company's production was as follows: zinc (270,200 mt), lead (29,900 mt), copper (116,700 mt), and sulphuric acid (659,700 mt). The company achieved operating revenue of 18.529 billion yuan and net profit attributable to shareholders of the publicly listed firm of 68.1487 million yuan. In 2026, the company plans to complete total non-ferrous metal production of 390,000 mt and total chemical products production of 742,000 mt, including zinc (260,000 mt), lead (30,000 mt), copper (100,000 mt), sulphuric acid (730,000 mt), and zinc sulphate (12,000 mt).

12 hours ago

13 hours ago

Data: SHFE, DCE market movement (Apr 27)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 27 Apr , 2026

13 hours ago

15 hours ago

Luoping Zinc & Electricity Reports 2025 Annual Results, Plans Increased Zinc Slab and Sulphuric Acid Production for 2026

[Luoping Zinc & Electricity's 2025 Annual Report Released] On April 24, Luoping Zinc & Electricity released its 2025 annual report. The report showed that its total zinc ingot production in 2025 was 53,700 mt, up 27.52% YoY, and its total zinc alloy production was 5,000 mt, down 48.52% YoY. In 2026, the company plans to closely track targets, strengthen execution, and optimize processes, striving to produce 60,000 mt of zinc slabs (equivalent to zinc ingots) and 120,000 mt of sulphuric acid for the full year.

15 hours ago