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Tight LME zinc inventories could be topped up from China

Channel News Asia LogoChannel News Asia1 mo ago

Tight LME zinc inventories could be topped up from China

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LONDON : Available zinc inventories in registered warehouses of the London Metal Exchange (LME) more than halved this week, but supplies could be replenished from China, where stocks have been rising, analysts said.

The physical tight conditions have supported benchmark LME zinc prices, which are the best performers on the exchange over the past three months.

Zinc inventories Erode on LME, climb in Shanghai cent20Inventoriesper cent20Erodeper cent20onper cent20LMEper cent20climbper cent20inper cent20Shanghai.


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Article Details

Category: Economy

Topics: Exchange Shanghai Prices Inventories Tonnes Material China London Week Europe Zinc

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 00:16:00

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Reading Time: 3 minutes read

Article Length: 526 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 3906

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About Channel News Asia

Channel News Asia Logo

Main Topics: Economy

Official Website: channelnewsasia.com

Update Frequency: 58 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 32m ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #27

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