SHANGHAI, Aug. 7 (SMM) – Combined zinc inventories in Shanghai, Tianjin and Guangdong were largely stable at 122,200 mt last week, SMM reports.
Zinc Price to Hold Strong Reaping Fundamental Benefits, SMM Foresees
Inventories in Guangdong and Shanghai declined slightly, while those in Tianjin grew marginally. Goods available in Shanghai remained tight as arriving shipments of imported zinc were limited. Zinc inventories in Tianjin grew slightly further due to arriving shipments from other regions and weak consumption.
Zinc Concentrate TCs Fall in Inner Mongolia, SMM Reports
Total inventories in the three regions will remain steady this week, SMM foresees.
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