Shanghai-bonded zinc stocks dropped 4,500 mt on week

Published: Apr 30, 2020 15:17
Inventories of zinc ingot across Shanghai-bonded areas decreased 4,500 mt from last Friday April 24 to 71,600 mt as of Thursday April 30, showed SMM data.

SHANGHAI, Apr 30 (SMM) – Inventories of zinc ingot across Shanghai-bonded areas decreased 4,500 mt from last Friday April 24 to 71,600 mt as of Thursday April 30, showed SMM data.

 

This week’s drop came after a dip of 300 mt in the previous week, as import profits recovered.

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 dropped 4,500 mt on week - Shanghai Metals Market (SMM)