Stockpiling caps gains in zinc social inventories

Published: Jan 14, 2019 14:24

Save

Stocks across Shanghai, Guangdong and Tianjin stood at 106,800 mt as of Monday Jan 14, up some 2,000 mt from Friday Jan 11

SHANGHAI, Jan 14 (SMM) – Social inventories of refined zinc across Shanghai, Guangdong and Tianjin stood at 106,800 mt as of Monday January 14, up some 2,000 mt from Friday January 11 and 2,800 mt from Monday January 7, SMM data showed.

The import arbitrage window opened on Thursday and generated arrivals of imported zinc at social warehouses over the weekend.

Stockpiling across downstream consumers ahead of the Chinese New Year holiday capped the gains in social inventories.

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

2 hours ago

Macro Sentiment Poor, Zinc Prices in the Doldrums [SMM Zinc Morning Comment]

[SMM Zinc Morning Comment] Last Friday, the China market was closed for the Dragon Boat Festival holiday. Today, focus on macro sentiment changes...

2 hours ago

Expectations for US Fed interest rate hikes heated up, LME zinc center slightly sank [SMM Morning Meeting Summary]

[SMM Morning Meeting Summary: Expectations for US Fed Interest Rate Hikes Heat Up, LME Zinc Center Slightly Declines] Last Friday, LME zinc recorded a large bearish candlestick, with support from the middle Bollinger Band below and resistance from the upper Bollinger Band above, while the MACD bearish candlestick expanded. Last Friday, expectations for US Fed interest rate hikes heated up......

2 hours ago

Jun 18, 2026 19:05

East China Zinc Market Sees Surplus, Low Premiums Amid Weak Off-Season Demand

[East China Refined Zinc Market] The east China market saw an overall surplus of zinc ingots this week. Traders adopted a passive selling approach, with spot premiums hovering at lows. Meanwhile, downstream consumption of zinc in east China showed weak performance during the off-season, leading to poor spot transactions throughout the week.

Jun 18, 2026 19:05