As of the 24th, domestic zinc inventory exceeded 200,000 mt, with a slow pace of production resumptions.

Published: Feb 24, 2026 14:16

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[SMM Express] According to SMM data, as of Tuesday this week (February 24), the total domestic zinc inventory exceeded 200,000 mt, approaching 210,000 mt. Affected by the holiday closures of domestic enterprises, the domestic zinc ingot inventory built up by 49,300 mt during the Chinese New Year period, with the inventory increase during the holiday rising by 12,700 mt compared to the same period last year. Most traders in the market resumed work today, but the pace of downstream production resumptions remained relatively slow. SMM will continue to monitor the progress of production and work resumptions across the upstream and downstream sectors.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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