[SMM data] Social inventory of zinc recorded a slight decline in the three places where refineries arrived less.

SMM7 12, Wednesday's zinc social stocks fell 3900 tons from Friday, down 1600 tons from Monday to 146500 tons, of which both Tianjin and Guangdong recorded declines.

According to SMM, the Shanghai market received goods this week, import inflows are relatively small, part of the lower reaches of the rigid demand procurement, inventory recorded a decline; Tianjin market due to the northern part of the refinery into the summer routine maintenance, the market arrival volume is limited, but the downstream take goods enthusiasm is general, inventory recorded a slight decline. It is expected that in the follow-up, in the consumption of further off-season, will enter the slow accumulation pool.

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