【SMM Data】SMM December 8th News: According to SMM research, as of this

Published: Dec 8, 2023 13:28

Save

【SMM Data】SMM December 8th News: According to SMM research, as of this Friday (December 8th), the total inventory of zinc ingots in seven SMM locations is 82,300 tons, a decrease of 5,600 tons from December 1st and a decrease of 3,400 tons from December 4th. Domestic inventory has decreased. Shanghai's inventory decreased during the week, mainly due to low zinc prices, increased downstream stocking at low prices, and relatively few arrivals during the week, leading to reduced inventory. It is expected that next week, imported zinc ingots will flow in to supplement the market, and market supply may increase; in Guangdong, due to an increase in factory withdrawals and fewer arrivals at warehouses, inventory continued to decrease; inventory in Tianjin increased due to increased market arrivals and increased downstream purchasing, resulting in a slight increase in inventory. Overall, the original three locations' inventory decreased by 2,400 tons, and the inventory of seven locations decreased by 3,200 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

42 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.

42 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