SMM data: According to SMM research, as of this Friday (August 4th), t

Published: Aug 4, 2023 13:35

Save

SMM data: According to SMM research, as of this Friday (August 4th), the total inventory of SMM zinc ingots in seven places was 126,900 tons, an increase of 440 tons compared with last Friday (July 28th) and 440 tons compared with this Monday (July 31st), and domestic inventory increased. Among them, in Shanghai area, the arrival of imported zinc ingots SMC, India and other brands increased this week, and the shipment was not good, the inventory increased significantly; in Guangdong area, domestic brands Kirin and Mengzi continued to arrive this week, the shipment was general, and the inventory increased slightly; in Tianjin area, the maintenance of northern smelters continued, and at the same time, the railway transportation was limited due to the rain weather, and the arrival was less, basically digesting the existing inventory, and the inventory decreased; overall, the inventory of the original Shanghai, Guangdong and Tianjin increased by 4,600 tons, and the inventory of seven places in the country increased by 4,400 tons.

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

36 mins ago

ACG’s Gediktepe Sulphide Expansion Produces First Copper and Zinc Concentrates; Full Production Targeted by End-2026

ACG Metals announced on September 1 that its Gediktepe mine in Türkiye produced its first copper concentrate on August 31, marking the start of the ramp-up phase. The company will progressively increase throughput and optimise plant performance, targeting full production by the end of 2026. Gediktepe’s steady-state annual production target is 20,000–25,000 tonnes of copper equivalent. The full announcement also confirmed that the mine produced its first zinc concentrate in August 2026, although the specific date and volumes were not disclosed. SMM estimates the mine’s zinc-in-concentrate production at approximately 10,000–15,000 tonnes of contained zinc in 2026.

36 mins ago

3 hours ago

Data: SHFE, DCE market movement (Sep 02)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 02 Sep , 2026

3 hours ago

4 hours ago

[SMM Flash] Heavy Rain Forces Zhejiang Zinc Alloy Plants to Halt, Resumption Unclear

[SMM Flash News]Due to persistent heavy‑rain weather, some die‑cast zinc‑alloy enterprises in Zhejiang have been forced to halt production recently. Several companies received production‑suspension notices late last night, and the exact resumption schedule remains unclear for the time being.

4 hours ago