SMM Zinc Ingot Inventory Down 1,600 mt from May 21, Driven by Lower Arrivals and Strong Demand

Published: May 28, 2026 11:56

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[SMM Update] According to SMM communications, as of Thursday this week (May 28), the total SMM zinc ingot inventory across seven regions was 260,900 mt, down 1,600 mt from May 21 and down 4,100 mt from May 25, with China's inventory declining. During the week, arrivals in Shanghai and Guangdong decreased, and coupled with downstream rigid demand for purchasing and picking up goods, inventories in Shanghai, Guangdong, and Zhejiang declined.

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