SHFE STOCKS REPORT 29/03: Zinc stocks drop 5.3% on improving downstream demand

Zinc stocks held in Shanghai Futures Exchange-approved warehouses dropped by 5.3% week on week as of Friday March 29 on improving consumer demand.

Deliverable zinc stocks at SHFE-approved warehouses have fallen by 6,170 tonnes since March 22 to 109,804 tonnes as of this Friday. This week’s fall follows a sharp drop of 8,064 tonne on March 22, before which stocks had been climbing continuously since the beginning of this year. Quansheng Logistics in Shanghai...

Published

Susan Zou

March 29, 2019

12:22 GMT

Shanghai