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Shanghai-bonded zinc stocks rose 1,500 mt last week
Inventories of zinc ingot across Shanghai-bonded areas rose for a second straight week last week, as demand was limited by wider import losses while seaborne arrivals, including SMC and KZ, increased.
SHANGHAI, Jul 6 (SMM) – Inventories of zinc ingot across Shanghai-bonded areas rose for a second straight week last week, as demand was limited by wider import losses while seaborne arrivals, including SMC and KZ, increased.
The stocks increased 1,500 mt from Wednesday June 24, the last trading day before the Dragon Boat Festival holiday, to 45,000 mt as of Friday July 3, following a gain of 500 mt in the previous week.
Inventory data
Zinc
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