SHANGHAI, Apr 18 (SMM) – Shanghai: The inventory fell from about 60,000 mt in early March to around 43,000 mt at the end of the month. Some smelters shipped directly to downstream customers instead of social warehouses. This, coupled with maintenance by some smelters, resulted in limited arrivals. Increased purchases after zinc prices fell and relatively high operating rates at most downstream enterprises allowed large quantities of zinc ingots to be withdrawn from social warehouses.
![Zinc de Tianjin : les prix du zinc rebondissent, l'aval reste prudent [Commentaire de midi SMM]](https://imgqn.smm.cn/usercenter/tAyyp20251217171754.jpg)
![Zinc du Guangdong : le centre des contrats à terme progresse, le marché au comptant reste calme [commentaire de midi SMM]](https://imgqn.smm.cn/usercenter/XrnKf20251217171755.jpg)
![Zinc à Shanghai : la crainte des prix élevés refait surface en aval, le sentiment de négociation sur le marché est morose [Commentaire de mi-journée SMM]](https://imgqn.smm.cn/usercenter/kdRPs20251217171754.jpg)
