SMM December 2 News: Domestic Zinc Ingot Inventory Declines Across Seven Regions

게시됨: Dec 2, 2024 13:10
[SMM Data] SMM December 2 News: According to the SMM survey, as of this Monday (December 2), the total zinc ingot inventory in seven regions surveyed by SMM was 99,900 mt, a decrease of 8,300 mt compared to November 25 and a decrease of 4,300 mt compared to November 28, indicating a reduction in domestic inventory. Inventories in Shanghai, Guangdong, and Tianjin all recorded decreases. Firstly, there was no improvement in warehouse arrivals in these three regions over the weekend. Additionally, zinc prices fell sharply from their high levels last Thursday, leading to increased pricing by downstream enterprises on Thursday and Friday, and continuous pick-up over the weekend, resulting in further inventory reductions in these three regions. Overall, the original three-region inventory decreased by 4,200 mt, and the seven-region inventory decreased by 4,300 mt.

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[SMM Data] SMM December 2 News: According to the SMM survey, as of thi - Shanghai Metals Market (SMM)