SMM Data: Zinc Ingot Inventory Fluctuates with Regional Increases Ahead of Holiday

게시됨: Jan 13, 2025 11:32
[SMM Data] SMM, January 13: According to SMM communication, as of this Monday (January 13), the total zinc ingot inventory across seven regions tracked by SMM stood at 61,000 mt, down 700 mt from January 6 but up 3,000 mt from January 9, with domestic inventory recording an increase. Inventory in all three regions grew, as Guangdong received more shipments over the weekend, and domestic zinc ingot long-term contracts continued to arrive in Shanghai and Tianjin. Meanwhile, downstream enterprises reduced purchases and cargo pick-up due to declining raw material demand ahead of the holiday. Overall, the original three-region inventory increased by 3,800 mt, while the seven-region inventory rose by 3,000 mt.

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[SMM Data] SMM, January 13: According to SMM communication, as of this - Shanghai Metals Market (SMM)