SMM7, June 6:
According to SMM, as of Monday, SMM's total zinc ingot inventory was 217700 tons, an increase of 1100 tons from last Friday and a decrease of 6200 tons from last Monday.
Inventory in seven places increased slightly over the weekend, mainly contributed by Tianjin, Shanghai recorded a small decline, and Guangdong was basically flat last Friday. Among them, the concentration of goods arriving in Tianjin increased over the weekend, mainly contributed by silver, while the purchase in the lower reaches of the Shanghai area on Friday was more active, and the overall inventory recorded a decline. The storage in and out of Guangdong is basically offset, and there is basically no obvious change in inventory. On the whole, the original inventory in Shanghai, Guangdong and Tianjin increased by 1800 tons, while the inventory in seven places across the country increased by 1100 tons.
