LME Zinc Inventory Surges Over 16%

Published: Jun 16, 2026 17:46

Save

According to LME inventory data on June 16, zinc inventory increased by 17,400 mt or 16.24% to 124,550 mt, while LME zinc off-warrant stocks fell by 18,549 mt to 20,916 mt. Based on this, the LME zinc price once quickly dropped to $3,539/mt. According to SMM, this inventory increase was mostly due to traders converting off-warrant stocks into warrants, and the overall impact was relatively limited.

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

Jun 26, 2026 15:55

Data: SHFE, DCE market movement (Jun 26)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 26 Jun , 2026

Jun 26, 2026 15:55

Jun 26, 2026 15:33

Rate Hike Expectations Disrupt, SHFE/LME Zinc Price Ratio Rebounds to Around 7.0 and Fluctuates [SMM Zinc SHFE/LME Price Ratio Weekly Review]

[Rate Hike Expectations Disturb, SHFE/LME Zinc Price Ratio Rebounds to Around 7 and Fluctuates]: This week, the SHFE/LME zinc price ratio rebounded to around 7 and fluctuated, while the zinc ingot import window remained closed. Outside China, US Fed rate hike expectations continued to heat up, base metals generally fell, and the market had not shaken off inflation concerns, with the LME zinc price center pulling back.

Jun 26, 2026 15:33

Jun 26, 2026 15:30

Off-Season Shadow Looms, Operating Rates of Galvanising Producers Continue to Weaken [SMM Galvanising Weekly Review]

[Off-Season Shadow Looms, Galvanising Operating Rate Continues to Weaken]: The operating rate of the galvanising industry this week was 51.53%, down 5.18 ppts WoW. Raw material side, zinc prices pulled back to a more acceptable level for downstream users this week, and downstream users restocked heavily via price fixing. However, cargo pick-up was relatively slow, and zinc ingot inventory at galvanising enterprises edged up.

Jun 26, 2026 15:30