Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / Zinc social inventories shrank 5,100 mt over weekend

Zinc social inventories shrank 5,100 mt over weekend

May 17, 2021 13:59

Source:SMM

SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei decreased 5,100 mt from last Friday May 14 to 171,200 mt as of Monday May 17. The stocks were down 16,700 mt from May 10.

SHANGHAI, May 17 (SMM) – Zinc inventories in China fell over the weekend.

SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei decreased 5,100 mt from last Friday May 14 to 171,200 mt as of Monday May 17. The stocks were down 16,700 mt from May 10.

Stocks in Shanghai decreased sharply as downstream stockpiled more when zinc prices fell. In south China's Guangdong, outbound quantity increased with moderate market arrivals, which led to the continuous decrease in stocks. Stocks in Tianjin continued to go up as downstream was worried about the continuous increase of zinc prices, and purchased more when prices fell.

Compared to last Friday, social inventories of refined zinc across the three major trading hubs (Shanghai, Tianjin and Guangdong) decreased 6,500 mt.

Inventory data

Zinc

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Evening Comments (Dec 31): Shanghai nonferrous metals fell across the board

SHFE nonferrous metals broadly fell on Thursday December 31 as multiple markets closed early for New Year's Eve.

time

Dec 31, 2020 18:00

SMM Evening Comments (Dec 31): Shanghai nonferrous metals fell across the board

Zinc social inventories shrank 1,500 mt on week

Zinc inventories in China fell this week, with stocks in Shanghai decreasing relatively sharply.

time

Dec 31, 2020 14:40

Zinc social inventories shrank 1,500 mt on week

SMM Morning Comments (Dec 29): LME base metals were mostly higher after trading resumed

Shanghai base metals mostly cruised lower on Tuesday morning, while their counterparts on the LME rose for the most part as market sentiment was boosted after Trump signed into law the $2.3 trillion pandemic aid and spending package.

time

Dec 29, 2020 09:45

SMM Morning Comments (Dec 29): LME base metals were mostly higher after trading resumed

Zinc social inventories rose 4,500 mt over weekend

Zinc inventories in China increased over the weekend.

time

Dec 14, 2020 13:53

Zinc social inventories rose 4,500 mt over weekend

SMM Morning Comments (Dec 9): Shanghai base metals and the LME complex mostly advanced

Nonferrous metals on the SHFE were mostly higher on Wednesday morning, while their counterparts on the LME also advanced for the most part.

time

Dec 9, 2020 10:01

SMM Morning Comments (Dec 9): Shanghai base metals and the LME complex mostly advanced

SMM Evening Comments (Dec 8): Shanghai nonferrous metals closed mostly higher as investors remained cautious over post-Brexit trade deal

SHFE nonferrous metals rose for the most part on Tuesday November 8 as investors remained cautious over rising coronavirus cases, U.S. stimulus negotiations as well as Brexit talks between the U.K. and the European Union.

time

Dec 8, 2020 18:00

SMM Evening Comments (Dec 8): Shanghai nonferrous metals closed mostly higher as investors remained cautious over post-Brexit trade deal

SMM Morning Comments (Nov 6): Shanghai base metals performance mixed as US election uncertainty remains

Shanghai base metals traded mixed on Friday morning, as investors continue to wait for a result from the US election. Meanwhile, their counterparts on the LME were mostly higher.

time

Nov 6, 2020 09:55

SMM Morning Comments (Nov 6): Shanghai base metals performance mixed as US election uncertainty remains

SMM Evening Comments (Sep 17): Shanghai nonferrous metals fell across the board

SHFE nonferrous metals fell across the board on Thursday September 17.

time

Sep 17, 2020 18:02

SMM Evening Comments (Sep 17): Shanghai nonferrous metals fell across the board

SMM Morning Comments (Sep 17): Nonferrous metals fell across the board after the Fed hints low rates until 2023

Nonferrous metals on both SHFE and LME declined across the board in early trading of Thursday as investors react to developments from the US Federal Reserve which said it would keep interest rates near zero for years until US economy heals from the effect of the coronavirus pandemic.

time

Sep 17, 2020 10:01

SMM Morning Comments (Sep 17): Nonferrous metals fell across the board after the Fed hints low rates until 2023

SMM Evening Comments (Sep 15): Shanghai nonferrous metals closed mostly higher, tin fell 0.23%

SHFE nonferrous metals rose for the most part on Tuesday September 15 as China's investment and consumption data in August improved on the macro level, leading to the optimistic investment sentiment.

time

Sep 15, 2020 18:17

SMM Evening Comments (Sep 15): Shanghai nonferrous metals closed mostly higher, tin fell 0.23%

SMM Events & Webinars

Nov
05
- APAC (9th) Stainless Steel Industry Conference 2024
  Nov 05 - 07,2024
  Fujian, China
Oct
29
- APAC TIN INDUSTRY CONFERENCE 2024
  Oct 29 - 30,2024
  Shenzhen·Guangdong·China
Oct
24
- 2024 GLOBAL BATTERY RECYCLING CONFERENCE
  Oct 24 - 25,2024
  Batteries, as key energy storage devices, are gradually becoming an indispensable part of daily life.
  To Be Determined

MOST POPULAR

1.Zinc Oxide Project Feasibility Analysis

2.Zinc Recovery Industry Study

3.Feasibility Study Of Investing a Lead-Zinc Ore Mining Smelting Project In Indonesia

4.Zinc Resources Industry Development Research

5.Zinc Industry Value Chain And Related 3 Hot Topics

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.