SHANGHAI, Mar 6 (SMM) – Inventories of zinc ingot across Shanghai-bonded areas rose for a third straight week this week, as logistics in China have largely recovered.
SMM data showed that Shanghai bonded zinc stocks gained 1,200 mt in the week ended March 6 to 75,000 mt, after an 800 mt increase in the previous week.
![[SMM Analysis] LME Stocks Climb While Backwardation Widens — What's Behind Zinc's Apparent Paradox?](https://imgqn.smm.cn/usercenter/qdibi20251217171755.jpg)

![LME Strengthens While SHFE Zinc Continues to Rise [SMM Zinc Futures Briefing]](https://imgqn.smm.cn/usercenter/eyxqF20251217171756.jpg)
