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[SMM data] Zinc stocks continue to record a slight decline under low rigid demand in the lower reaches of the market.

iconJul 8, 2019 10:42
Source:SMM
[SMM data] July 8, 2018 domestic zinc ingot spot inventory

SMM7 month 8 news, this week the third day of the zinc social inventory continued to record a slight decline.

 

 

Mainly due to the recent refinery arrival of less, superimposed import zinc inflow is not much, and downstream after the zinc price fell below 20000, low-price rigid demand replenishment, resulting in a slight decline in inventory, later if downstream consumption continues in the off-season, inventory is expected to gradually move towards the trend of accumulation.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Zinc ingots
inventory
output

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