SMM Survey: Domestic Zinc Ingot Inventory Declines as of December 16

게시됨: Dec 16, 2024 13:10
[SMM Data] SMM, December 16: According to the SMM survey, as of Monday, December 16, the total zinc ingot inventory across seven regions tracked by SMM stood at 89,400 mt, down 2,900 mt from December 9 and 2,000 mt from December 12, indicating a decline in domestic inventory. Inventory in the Shanghai region increased slightly, mainly due to the arrival of imported zinc ingots over the weekend and just-in-time procurement by downstream buyers. Inventory in the Tianjin region decreased as transportation issues continued to limit warehouse arrivals, leading to a further decline in zinc ingot inventory. Inventory in the Guangdong region increased as warehouse arrivals rose ahead of the delivery weekend, boosting warehouse inventory. Overall, the combined inventory of the three regions fell by 500 mt, while the total inventory across seven regions decreased by 2,000 mt.

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[SMM Data] SMM, December 16: According to the SMM survey, as of Monday - Shanghai Metals Market (SMM)