Import Window Opens and Then Closes, Bonded Area Inventory Declines [SMM Bonded Area Inventory Weekly Review]

SMM January 16 News: According to SMM, as of this Thursday (January 16), the inventory in the Shanghai Bonded Zone stood at 5,500 mt, down 500 mt WoW. The bonded zone inventory decreased. During the week, the import window opened and then closed. Although some imported zinc ingots flowed in, traders showed a strong willingness to sell, leading to an outflow of imported zinc ingots. Overall, the bonded zone inventory declined.

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