Zinc social inventories expanded 2,900 mt over weekend

Published: Jul 5, 2021 15:23

Save

SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei increased 2,900 mt from last Friday July 2 to 115,800 mt as of Monday July 5. The stocks were down 700 mt from June 28.

SHANGHAI, Jul 5 (SMM) – Zinc inventories in China rose over the weekend.

Stocks in Shanghai increased slightly as the inflow of imported zinc was limited, and the downstream purchased for rigid demand. In south China's Guangdong, market arrivals continued to improve and downstream demand weakened, which led to a rebound in stocks. Stocks in Tianjin rose sharply as downstream demand was still weak and smelters delivered goods normally.

Compared to last Friday, social inventories of refined zinc across the three major trading hubs (Shanghai, Tianjin and Guangdong) increased 2,300 mt.

Inventory data Zinc

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 12, 2026 18:44

Domestic Zinc Concentrate Supply Tightens, Treatment Charges Fall Nationwide

【Domestic Zinc Concentrate Market】Domestic smelters maintained steady purchasing volumes of domestic zinc concentrate this week, and the tight supply pattern of domestic zinc concentrate persisted. Treatment charges kept edging down across most regions. Except for individual northern provinces, treatment charges for domestic zinc concentrate have generally slipped into negative territory nationwide.

Jun 12, 2026 18:44

Jun 12, 2026 18:43

Limited Imported Zinc Concentrate Volumes Amid Smelters' Domestic Preference

【Imported Zinc Concentrate Market】Offer volumes of imported zinc concentrate remained limited this week. Smelters prioritized purchasing domestic ore, resulting in sluggish trading sentiment for imported zinc concentrate overall.

Jun 12, 2026 18:43

Jun 12, 2026 18:40

Northwest China Mine Launches June Zinc Concentrate Tender at Reduced Treatment Charge

【Domestic Zinc Concentrate Tender】According to SMM, a mine in northwest China recently launched a self-pickup tender for June zinc concentrate at a treatment charge below -700 RMB per metal ton, representing a month-on-month drop of approximately 1,000 RMB per metal ton. SMM will keep tracking subsequent fluctuations in treatment charges.

Jun 12, 2026 18:40