Shanghai bonded zone zinc stocks stem 11 consecutive weeks of gains

Published: Jan 11, 2019 18:52
Zinc ingot stocks across Shanghai bonded areas decreased by 2,500 mt from a week ago to 75,000 mt as of Friday Jan 11

SHANGHAI, Jan 11 (SMM) – Zinc ingot stocks across Shanghai bonded areas decreased by 2,500 mt from a week ago to 75,000 mt as of Friday January 11, SMM data showed.

This marked the first decline in 12 consecutive weeks.

The import arbitrage window opened briefly in the second half of the week.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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