SHANGHAI, Jul 23 (SMM) – Zinc social inventory in Shanghai, Guangdong, and Tianjin fell some 2,700 mt from last Friday to 97,300 mt as of Monday July 23, SMM data showed.
A drop of 4,100 mt was seen in Shanghai due to limited arrivals from smelters and less-than-expected inflow of imported materials. This led to the overall decline.
Inventories rose just 700 mt each in Tianjin and Guangdong, as smelters destocked when prices picked up, and as local environmental probes affected downstream consumption.
![Zinc de Shanghái: Los precios de los futuros del zinc suben significativamente, el ambiente de negociación del mercado es lento [Revisión de mediodía de SMM]](https://imgqn.smm.cn/usercenter/Txorc20251217171755.jpg)
![Zinc de Ningbo: Las empresas downstream se mantienen a la expectativa, mercado spot lento [Comentario de mediodía de SMM]](https://imgqn.smm.cn/usercenter/nGzXc20251217171754.jpg)
![Cinc de Guangdong: Los precios del zinc siguen subiendo, el comercio en Guangdong es escaso [Comentario de mediodía de SMM]](https://imgqn.smm.cn/usercenter/VPThK20251217171754.jpg)
