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Zinc Social Inventories Up 2,800 mt on Weekend

iconOct 11, 2021 16:05
Source:SMM
Total zinc inventories across seven Chinese markets stood at 136,600 mt as of October 11, up 2,800 mt from October 8 and 16,800 mt from September 30.

SHANGHAI, Oct 11 (SMM)—Total zinc inventories across seven Chinese markets stood at 136,600 mt as of October 11, up 2,800 mt from October 8 and 16,800 mt from September 30.

Goods in transit during the November holiday continued to arrive in Shanghai, and inventory increased. Stocks in Guangdong fell slightly amid the power rationing at smelters. Tianjin saw an increase in the inventory amid rising arrivals of goods. Inventories in Shanghai, Guangdong and Tianjin rose 3,500 mt, and inventories across seven Chinese markets increased 2,800 mt.

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