Deliverable zinc stocks at Shanghai Futures Exchange (SHFE)-approved warehouses rose by 6,841 tonnes or 7.6% to 96,957 tonnes as of Friday June 15 from a week earlier.
The biggest inflow this week was into SIPG Logistics sheds at 5,439 tonnes of the metal.Sluggish consumption triggered the second consecutive weekly rise in zinc stocks."Supply from zinc refineries is OK but downstream consumers' buying appetite is thin due to [the widespread, government-led] environmental...