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.
![최종 수요 부진, 산화아연 가동률 하락 [SMM 산화아연 주간 리뷰]](https://imgqn.smm.cn/usercenter/tAyyp20251217171754.jpg)
![다이캐스팅 아연 합금 가동률 하락세, 다음 주 추가 하락 전망 [SMM 다이캐스팅 아연 합금 주간 리뷰]](https://imgqn.smm.cn/usercenter/EviJV20251217171754.jpg)
![절전 비축 수요로 재고 감소, 아연 가격 고점 횡보 [SMM 아연 선물 브리핑]](https://imgqn.smm.cn/usercenter/ipTIN20251217171755.jpg)
