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[SMM data] May 8 SMM Free Trade Zone Zinc Ingot inventory
May 8,2020 17:13CST
translation
Source:SMM
SMM5, March 8: as of Friday (May 8), the inventory of zinc ingots in Shanghai Free Trade Zone was 65500 tons, down 6100 tons from before the festival, according to SMM.
The content below was translated by Tencent automatically for reference.

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SMM5, March 8: as of Friday (May 8), the inventory of zinc ingots in Shanghai Free Trade Zone was 65500 tons, down 6100 tons from before the festival, according to SMM.

It is understood that after the festival import window opened, foreign trade activity warming, profit driven by the rapid transfer of imported zinc into domestic circulation, Shanghai stock market has more imported zinc circulation this week. As of this week, inventories in the bonded area had decreased for three consecutive weeks, totaling 10900 tons.

 

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