According to SMM, as of July 18, the zinc inventory in the Shanghai bonded zone was 17,000 mt, up 1,000 mt WoW. Although the zinc ingot import window remained closed during the week, overseas zinc ingots flowed into the bonded zone, waiting for the import window to open, leading to an increase in bonded zone inventory.


![Tianjin Zinc: Harga seng pulih, sektor hilir tetap berhati-hati [Komentar Tengah Hari SMM]](https://imgqn.smm.cn/usercenter/tAyyp20251217171754.jpg)
