Zinc social inventories rose 2,100 mt over weekend

Published: Mar 15, 2021 14:12

Save

SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei increased 2,100 mt from last Friday March 12 to 265,400 mt as of Monday March 15. The stocks were up 4,400 mt from March 8.

SHANGHAI, Mar 15 (SMM) – Zinc inventories in China continued to rise over the weekend.

Stocks in Shanghai increased due to continuous arrivals at smelters and the inflow of import zinc. In south China's Guangdong, rising zinc ingots prices, few stockpiling cargoes and decreasing shipments led to the slight increase in stocks. Stocks in Tianjin rose slightly as arrivals at smelters increased and downstream took delivery of goods.

Compared to last Thursday, social inventories of refined zinc across the three major trading hubs (Shanghai, Tianjin and Guangdong) increased 2,800 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 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

6 hours ago

Australia Reviews Anti-Dumping Duties on Galvanized Steel from India, Malaysia, Vietnam Amid Zinc Concerns

On September 9, 2026, Australia initiated its second sunset review of anti-dumping measures on galvanized steel sheet from India, Malaysia and Vietnam, and separately launched a sunset review of countervailing measures on imports from India. The review covers July 2025-June 2026, with the final report expected by February 11, 2027. As galvanized steel is the largest end-use sector for zinc, the measures directly affect export costs and competitiveness, potentially impacting Australia’s domestic zinc demand and supply chain. Maintaining the duties would provide some protection for domestic steel and coating capacity, while termination could increase low-priced imports and affect regional zinc consumption. The final outcome remains subject to the authorities’ determination.

6 hours ago

Limited Ore Offers Persist as Winter Demand Continues, Chinese Smelters Procure Imports Amid Low Treatment Charges

Market offers from ore traders remained limited this week, while winter stocking demand persisted. Some Chinese smelters continued to inquire about and procure imported concentrates for Q4, with market treatment charges remaining at low levels.

6 hours ago

Northwest China Zinc Mine Offers September Tender at -RMB 2,800/mt; SMM to Track Treatment Charges

According to SMM, a zinc mine in Northwest China offered a September self-pickup tender price of around -RMB 2,800/metal tonne this week. SMM will continue to monitor changes in treatment charges.

6 hours ago