Shanghai-bonded zinc stocks dipped 300 mt on week

Published: Apr 24, 2020 14:33
Inventories of zinc ingot across Shanghai-bonded areas decreased 300 mt in the week ended April 24 to 76,100 mt, showed SMM data.

SHANGHAI, Apr 24 (SMM) – Inventories of zinc ingot across Shanghai-bonded areas decreased 300 mt in the week ended April 24 to 76,100 mt, showed SMM data.

 

This week’s dip came after an increase of 1,800 mt in the previous week, as the import arbitrage window was narrowly opened.

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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Shanghai-bonded zinc stocks dipped 300 mt on week - Shanghai Metals Market (SMM)