Zinc inventories in China fell sharply this week, as demand remained strong.
SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei decreased 13,600 mt in the week ended April 17 to 272,200 mt, marking the fifth straight week of decline. Compared to Monday, the stocks shrank 11,400 mt.
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