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[SMM data] the social inventory of zinc ingots in SMM Seven places increased by 4800 tons compared with last Friday.

iconApr 7, 2020 11:53
Source:SMM
[SMM data] SMM, April 7 / PRNewswire-FirstCall-Asianet / according to SMM, as of Tuesday, the total inventory of zinc ingots in Seven places was 297400 tons, an increase of 4800 tons over last Friday (April 3) and a decrease of 6600 tons from last Monday (March 30).

SMM4, April 7: according to SMM, as of Tuesday (April 7), the total inventory of zinc ingots in SMM Seven places was 297400 tons, an increase of 4800 tons over last Friday (April 3) and a decrease of 6600 tons from last Monday (March 30).

An overall increase in inventory was recorded in the seven places during Qingming Festival short holiday, of which the main increase was in Shanghai, Guangdong and Tianjin. The willingness to replenish warehousing downstream was relatively poor, and there was no pick-up during the Qingming Festival, but the arrival of goods was relatively normal, with a small increase as a whole. It is understood that the current die-casting zinc alloy end of the new order situation is poor, galvanized structural parts and galvanized sheet downstream orders are better. Overall, the original Shanghai, Guangdong and Tianjin inventory increased by 5100 tons, the national seven places inventory recorded an increase of 4800 tons.

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