SMM6 28 March news, this Wednesday's zinc social stocks fell 3100 tons compared with Friday, compared with this week a slight drop of 1500 tons to 152100 tons. The decline continued last week, but by a smaller margin.
SMM learned that the arrival volume of refineries this week is more general, and import shipments are not much, downstream last week on a low replenishment, this week to take a significant decline in the willingness to take goods, but a little bit of this week to pick up the goods, increase some of the out of the warehouse, inventory recorded a slight decline. SMM believes that in July, consumption may continue to decline, and inventories are expected to decline by nearly a step until there is a cumulative decline.
Historical data reference website: data.smm.cn (login and download after registration)