Zinc Inventories Grow in China Major Markets, SMM Reports

Published: Jun 19, 2017 16:51

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Combined zinc inventories in Shanghai, Tianjin and Guangdong decreased 7,800 to 120,000 tonnes last week, SMM data show.

SHANGHAI, Jun. 19 (SMM) – Combined zinc inventories in Shanghai, Tianjin and Guangdong decreased 7,800 to 120,000 tonnes last week, SMM data show.

Arriving shipments were more than outward shipments due to inflows of imported zinc. Total inventories in the three regions are expected to increase slightly this week, SMM predicts.

Zinc Market to See Range-Bound Trading This Week, SMM Foresees

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zinc inventories Shanghai zinc inventories Guangdong zinc inventories Tianjin zinc inventories

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.

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