SHANGHAI, Dec 20 (SMM) – Inventories of zinc ingot across Shanghai-bonded areas fell this week for a third straight week, as cargoes flowed to domestic markets.
SMM data showed that Shanghai bonded zinc stocks decreased 2,800 mt from a week earlier to 74,900 mt as of Friday December 20, larger than a decline of 2,100 mt in the previous week.
The stocks declined 6,000 mt over the past three weeks.
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