Spot cargo trading weakened, and social inventory increased. [SMM Zinc Ingot Spot Inventory Weekly Review]

게시됨: Mar 28, 2025 15:58
Spot trading weakened, and social inventory increased. According to SMM communication, as of this Thursday (March 27), the total zinc ingot inventory in seven regions monitored by SMM was 130,000 mt, a decrease of 1,000 mt compared to March 20, and an increase of 1,100 mt compared to March 24. Domestic inventory recorded an increase...
SMM March 28 News: According to SMM communication, as of Thursday, March 27, the total zinc ingot inventory in seven regions monitored by SMM was 130,000 mt, a decrease of 1,000 mt compared to March 20, and an increase of 1,100 mt compared to March 24, indicating a rise in domestic inventory. Affected by the high zinc prices this week, downstream end-users showed reluctance to purchase at high levels, while end-user enterprises had previously restocked at low prices, and are now mainly focused on consuming existing inventory. Although overall shipments in Shanghai were poor this week, arrivals were also limited, resulting in no change in inventory. Arrivals in Guangdong and Tianjin were relatively normal, but the high zinc prices suppressed downstream purchasing enthusiasm, leading to a slight inventory buildup. Overall, the inventory in the original three regions increased by 1,400 mt, while the inventory in the seven regions increased by 1,100 mt. Click to view the SMM metal industry chain database.

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Spot cargo trading weakened, and social inventory increased. [SMM Zinc Ingot Spot Inventory Weekly Review] - Shanghai Metals Market (SMM)