SHANGHAI, Jun. 12 (SMM) – Combined zinc inventories in Shanghai, Tianjin and Guangdong decreased 18,000 to 112,300 tonnes last week, SMM data show.
Zinc ingot inventories fell across the three regions last week due to increased outward shipments. Dip-buyers entered the market.
Total inventories in the three regions are expected to remain stable this week, SMM predicts.
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