According to statistics, the total inventory of zinc ingot in the country this week (January 19 to January 26) is 15.08 million tons, a slight decrease of 0.16 million tons from the statistics of last Friday (2018/11/19). From the total zinc ingot inventory situation ,Has little effect. For each region of the stock situation, we also did a research analysis.
Zinc ingot inventory in Shanghai was 86,100 tons, a decrease of 0.06 million tons. According to my non-ferrous net understanding, from the warehouse in Shanghai this week point of view, basically the same. This week, the refinery shipments are normal, the northern smelters such as Red Yeh, Braun and other brands are also shipped to Shanghai, traders actively shipped within one day to expand the premium for shipment, the market demand is weak, but the downstream dips The willingness to prepare the stockpile appears, the transactions are generally not much different from last week.
Zinc ingot inventory in Guangdong 23,100 tons, an increase of 0.04 million tons. According to my non-ferrous metals network, this week basically the same out of storage, Guangdong smelter shipped normally, traders active shipments, prices have been cut, the inquiry are many, but the willingness to accept the goods is still poor, near the holidays just a small amount of just Procurement, the overall turnover is still relatively light.
Zinc ingot inventories in Tianjin were 28,700 tons, a slight decrease of 19,000 tons. From the storage situation, less storage in Tianjin this week, a relatively large number of the library. Tianjin Zijin arrival this week, the situation has not changed, Chifeng color is not optimistic about Tianjin consumption, delivery Shanghai, less shipping to Tianjin, traders actively shipping, downstream galvanized plant operating rate than last week there The rebound, the overall turnover slightly improved.
The inventories of zinc ingot in Shandong and Jiangsu Province all decreased slightly. From the perspective of warehousing and storage, the stock-in and warehousing basically kept the same level. Shandong and Jiangsu volume is not large, more downstream manufacturers from Tianjin and Shanghai to accept the goods, coupled with the fact that consumption is poor now, inventory changes little.
Zinc ingot inventories in Zhejiang Province were 41,100 tons, a slight increase of 18,000 tons. From the storage situation, this week less out of storage, storage and more, but also affected by the overall weakness in the downstream impact of the market volume was light. All in all, zinc ingot inventory this week changed little over last week, inventory changes in various regions is not large. From the inventory point of view, high zinc prices, refineries and traders shipping will be higher, coincides with the consumer off-season, downstream demand sluggish, until Friday, less downstream stocking, expected in February, the case of seasonal tired library .
