Shanghai-bonded zinc stocks fell for 3rd week

Published: Dec 20, 2019 14:34

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Stocks decreased 2,800 mt from a week earlier to 74,900 mt as of December 20

SHANGHAI, Dec 20 (SMM) – Inventories of zinc ingot across Shanghai-bonded areas fell this week for a third straight week, as cargoes flowed to domestic markets.

SMM data showed that Shanghai bonded zinc stocks decreased 2,800 mt from a week earlier to 74,900 mt as of Friday December 20, larger than a decline of 2,100 mt in the previous week.

The stocks declined 6,000 mt over the past three weeks.

Inventory data Zinc

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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