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Home / Metal News / Shanghai-bonded zinc stocks rise 4,800 mt on week

Shanghai-bonded zinc stocks rise 4,800 mt on week

May 17, 2019 15:34

Source:SMM

Stocks have accumulated by 19,800 mt in the recent five weeks as of May 17

SHANGHAI, May 17 (SMM) – Stocks of refined zinc across Shanghai-bonded warehouses extended their increase this week as import losses drove forward cargoes to the bonded stocks, instead of to the domestic markets.

SMM data showed that the stocks expanded 4,800 mt on the week and posted 107,000 mt as of Friday May 17, after an increase of 3,000 mt during the previous two weeks.

The bonded stocks have accumulated by 19,800 mt in the recent five weeks as of Friday May 17.

Inventory data

Zinc

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Shanghai-bonded zinc stocks rise 4,800 mt on week

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