[SMM data] A small decrease in the inventory of zinc ingots in the SMM bonded area this Friday (October 18) offset the decrease in the inventory of zinc ingots.

SMM News:

As of Friday (Oct. 18), stocks of zinc ingots in Shanghai Free Trade Zone were 84100 tons, down slightly from last week, according to SMM. It is understood that the incoming volume of zinc spindles from the market bill of lading to Hong Kong is about 3,000 tons. In addition, the outward volume is also around 3,000 tons. Offset by the increase or decrease, the stock of the bonded area has dropped slightly by about 500 tons.