Imports, domestic materials grow zinc social inventories 

Published: Oct 22, 2018 11:57
Stocks across Shanghai, Tianjin and Guangdong rose by some 1,300 mt from last Friday to 157,900 mt as of Monday Oct 22

SHANGHAI, Oct 22 (SMM) – Imports and domestic materials grew social inventories of refined zinc across Shanghai, Tianjin and Guangdong by some 1,300 mt from last Friday to 157,900 mt as of Monday October 22, SMM data showed.

Inventories shrank 700 mt from Monday October 15. While imports and domestic cargoes grew stocks in Shanghai and Tianjin, limited arrivals and downstream purchases kept inventories in Guangdong flat over the weekend. 

SMM expects limited upward room in overall stocks this week.

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 to learn 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
A Zinc Smelter in Central China to Undergo Maintenance in Mid-May, Expected to Affect 4 kt
6 mins ago
A Zinc Smelter in Central China to Undergo Maintenance in Mid-May, Expected to Affect 4 kt
Read More
A Zinc Smelter in Central China to Undergo Maintenance in Mid-May, Expected to Affect 4 kt
A Zinc Smelter in Central China to Undergo Maintenance in Mid-May, Expected to Affect 4 kt
[A Zinc Smelter in Central China Plans to Undergo Maintenance in Mid-May] According to SMM, a zinc smelter in central China plans to undergo maintenance in mid-May. The maintenance is expected to last about one month, with an estimated overall impact of around 4 kt. SMM will continue to track the actual maintenance progress.
6 mins ago
U.S.-Iran Ceasefire Extended, LME Zinc Rally Continues [SMM Zinc Morning Meeting Minutes]
4 hours ago
U.S.-Iran Ceasefire Extended, LME Zinc Rally Continues [SMM Zinc Morning Meeting Minutes]
Read More
U.S.-Iran Ceasefire Extended, LME Zinc Rally Continues [SMM Zinc Morning Meeting Minutes]
U.S.-Iran Ceasefire Extended, LME Zinc Rally Continues [SMM Zinc Morning Meeting Minutes]
[SMM Zinc Morning Meeting Minutes: US-Iran Ceasefire Extended, LME Zinc Rally Continues]: Overnight, LME zinc opened at $3,446/mt. After the opening, LME zinc fluctuated upward throughout the session, dipping to a low of $3,433.5/mt early in the session. Near the close, LME zinc touched a high of $3,491.5/mt, ultimately closing higher at $3,466.5/mt, up $29.5/mt...
4 hours ago
LME Zinc Prices Boosted SHFE, SHFE Zinc Opened Higher with a Gap [SMM Zinc Morning Comment]
4 hours ago
LME Zinc Prices Boosted SHFE, SHFE Zinc Opened Higher with a Gap [SMM Zinc Morning Comment]
Read More
LME Zinc Prices Boosted SHFE, SHFE Zinc Opened Higher with a Gap [SMM Zinc Morning Comment]
LME Zinc Prices Boosted SHFE, SHFE Zinc Opened Higher with a Gap [SMM Zinc Morning Comment]
[SMM Zinc Morning Comment: LME Zinc Prices Boosted SHFE Zinc, SHFE Zinc Opened Higher with a Gap] The most-traded SHFE zinc 2606 contract opened at 24,360 yuan/mt. After the opening, SHFE zinc hovered at highs, dipping to a low of 24,300 yuan/mt in early trading and reaching a high of 24,460 yuan/mt during the session. It ultimately closed higher at 24,395 yuan/mt, up 145 yuan/mt or 0.6%. Trading volume increased to 57,090 lots, and open interest rose by 7,625 lots to 98,700 lots.
4 hours ago
Imports, domestic materials grow zinc social inventories  - Shanghai Metals Market (SMM)