Zinc Inventories Add Further in China Major Markets, SMM Reports

Publicado: Jun 26, 2017 17:35

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Combined zinc inventories in Shanghai, Tianjin and Guangdong increased 1,200 to 121,200 tonnes last week, SMM data show.

SHANGHAI, Jun. 26 (SMM) – Combined zinc inventories in Shanghai, Tianjin and Guangdong increased 1,200 to 121,200 tonnes last week, SMM data show.

Invenotires in both Shanghai and Guangdong grew, while those in Tianjin declined. The drop in inventories in Tianjin is due to fewer arriving shipments from Zijin Mining and dip-buyers. Arriving shipments of imported zinc increased inventories in Shanghai and Guangdong.

Zinc Prices to Hold Strong This Week, SMM Foresees

Total inventories in the three regions are expected to grow further in the coming week due to arriving shipments of imported zinc, SMM predicts.

Chihong Zn&Ge Signs First Anode, Cathode Plate Sales Order

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zinc inventories Shanghai zinc inventories Guangdong zinc inventories Tianjin zinc inventories

Declaração sobre a Fonte de Dados: Com exceção das informações publicamente disponíveis, todos os demais dados são processados pela SMM com base em informações publicamente disponíveis, comunicação de mercado e com base no modelo de base de dados interna da SMM. São apenas para referência e não constituem recomendações para a tomada de decisão.

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