SMM News:
As of Friday (Oct. 25), stocks of zinc ingots in Shanghai Free Trade Zone were 82200 tons, down 1900 tons from last week, according to SMM. It is understood that since the export of some zinc ingots from the bonded area last week, the bonded zone continued to export to Southeast Asia this week.

![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)
