SHANGHAI, Sep 27 (SMM) – Total zinc inventories across seven Chinese markets stood at 131,300 mt as of September 27, up 2,100 mt from Friday September 24.
The inventory continued to accumulate in Shanghai amid rising arrivals of goods in the market and weak downstream demand. The stocks in Guangdong fell slightly as the power rationing at smelters has affected the arrivals of goods. Tianjin saw an increase in stocks amid limited arrivals of goods and proper restocking by the downstream producers.
The inventory in Shanghai, Guangdong and Tianjin rose 2,200 mt, and inventories across seven Chinese markets increased 2,100 mt.
