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Home / Metal News / Zinc Social Inventories Expanded 7500 mt on Week

Zinc Social Inventories Expanded 7500 mt on Week

Aug 23, 2021 13:46

Source:SMM

Total zinc inventories across seven Chinese markets stood at 130,000 mt as of August 23, up 1,400 mt from August 20 and 7,500 mt from August 16.

SHANGHAI, Aug 23 (SMM) - Total zinc inventories across seven Chinese markets stood at 130,000 mt as of August 23, up 1,400 mt from August 20 and 7,500 mt from August 16.

Stocks in Shanghai declined as downstream producers raised restocking on declining zinc prices. Guangdong saw an increase in stocks as arrivals of goods increased in the spot market on loosening power curtailment at smelters. Inventories in Tianjin rose as downstream demand thinned on declining steel prices.

Inventories in Shanghai, Guangdong and Tianjin rose 1,500 mt, and inventories across seven Chinese markets increased 1,400 mt.

Zinc

Social inventory

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Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin decreased 4,200 mt from the prior week but rose 600 mt from June 21 to 125,700 mt as of Friday June 25, an SMM survey showed.

Jun 25, 2021 17:30

Analysis

Lead ingot social inventories down to 125,700 mt on week

Silicon metal social inventories stood flat on week

Social inventories of silicon in Huangp port, Kunming, and Tianjin port totalled 24,000 mt, flat from a week ago.

Jun 25, 2021 14:05

Analysis

Silicon metal social inventories stood flat on week

Increase in lead ingot social inventories slowed down

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin increased 4,300 mt from the prior week and rose 1,500 mt from June 15 to 130,000 mt as of Friday June 18, hitting a record high since March 2015, an SMM survey showed.

Jun 18, 2021 15:06

Analysis

Increase in lead ingot social inventories slowed down

Silicon metal social inventory hit a new low at 25,000 mt

Social inventories of silicon metal across Huangpu port, Kunming city and Tianjin port shrank 2,000 mt from the previous week to 25,000 mt as of Friday June 11.

Jun 11, 2021 18:08

Analysis

Silicon metal social inventory hit a new low at 25,000 mt

Lead ingot social inventory hit a new high at 125,600 mt

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin increased 14,900 mt from the prior week and rose 7,100 mt from June 7 to 125,600 mt as of Friday June 11, hitting a record high since May 2015, an SMM survey showed.

Jun 11, 2021 15:45

Analysis

Lead ingot social inventory hit a new high at 125,600 mt

Lead ingot social inventory increased amid weak supply and demand

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin increased 7,800 mt from June 4 and rose 13,600 mt from May 31 to 118,500 mt as of June 7, hitting a record high since May 2015, an SMM survey showed.

Jun 7, 2021 16:55

Analysis

Lead ingot social inventory increased amid weak supply and demand

Increase in social inventories of lead ingots slowed down

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin increased 1,800 mt from last Friday May 28 to 105,000 mt as of May 31. This was up 11,000 mt from last Monday May 24, setting a record high since May 2015.

May 31, 2021 15:54

Analysis

Increase in social inventories of lead ingots slowed down

Lead ingot social inventories dropped further amid downstream restocking

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin dropped 6,800 mt from the prior week and declined 3,600 mt from February 1 to 36,600 mt as of Friday February 5, an SMM survey showed.

Feb 5, 2021 15:22

Analysis

Lead ingot social inventories dropped further amid downstream restocking

Lead ingot destocking slowed down significantly

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin dropped 2,000 mt from the prior week and declined 2,800 mt from January 25 to 43,400 mt as of Friday January 29, an SMM survey showed.

Jan 29, 2021 15:36

Analysis

Lead ingot destocking slowed down significantly

SMM Evening Comments (Dec 25): Shanghai nonferrous metals rose across the board for the 2nd day

SHFE nonferrous metals closed higher across the board on Friday December 25.

Dec 25, 2020 18:00

SMM Comments

SMM Evening Comments (Dec 25): Shanghai nonferrous metals rose across the board for the 2nd day

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Zinc Social Inventories Expanded 7500 mt on Week

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