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.
![Demanda de uso final decepciona y las tasas operativas del óxido de zinc bajan [Revisión semanal del óxido de zinc de SMM]](https://imgqn.smm.cn/usercenter/tAyyp20251217171754.jpg)
![Tasa operativa de aleaciones de zinc para fundición a presión tiende a la baja; se espera que disminuya aún más la próxima semana [Revisión semanal de aleaciones de zinc para fundición a presión de SMM]](https://imgqn.smm.cn/usercenter/EviJV20251217171754.jpg)
![Acopio previo a las vacaciones impulsa la caída de inventarios, los precios del zinc se consolidan en máximos [Informe breve de futuros de zinc de SMM]](https://imgqn.smm.cn/usercenter/ipTIN20251217171755.jpg)
