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[SMM data] Social inventory of Zinc ingots in Seven places of SMM on May 8
May 8,2020 11:36CST
translation
Source:SMM
[SMM data] SMM, May 8 / PRNewswire-FirstCall-Asianet / according to SMM, as of Friday (May 8), the total inventory of zinc ingots in Seven places was 237000 tons, an increase of 800 tons over Wednesday (May 6) and 10100 tons from last Thursday (April 30).
The content below was translated by Tencent automatically for reference.

SMM5, May 8 (Xinhua) as of Friday (May 8), the total inventory of zinc ingots in SIMM Seven places was 237000 tons, an increase of 800 tons over Wednesday (May 6) and 10100 tons from last Thursday (April 30), according to SMM.

This week, the social inventory was mainly contributed by Tianjin and Zhejiang, and the storage was reduced slightly in Shanghai. The downstream enterprises in Guangdong and Zhejiang are dragged down by external demand, the order is poor, and the willingness to buy is not strong. Due to the strong pre-festival stock, most of the post-festival heights are wait-and-see, and the transfer of goods from South China to East China in the early stage of superposition is reflected in the increase of storage, and the overall accumulation range is more obvious. Overall, the original Shanghai, Guangdong and Tianjin inventory increased by 6800 tons, the national seven places inventory recorded an increase of 10100 tons.

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