[SMM data] there is a pre-holiday reserve demand. Zinc social inventory recorded a small decline in the three places.
The content below was translated by Tencent automatically for reference.SMM1 21 March news, this Wednesday's zinc social stocks dropped 1700 tons compared with Friday, compared with last Monday 1200 tons to 105600 tons.
周初，三地锌库存录得小降，主因：虽一周来，陆续有部分进口及少许国产到货，但市场仍存春节前下游补库需求，整体上市场出库尚可，带动消库。而随着下游补库逐步进入尾声，预计市场仍将有货源陆续到货，预计库存将逐步小增。
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