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SMM7 March 10: according to SMM, as of Friday (July 10), the inventory of zinc ingots in Shanghai Free Trade Zone was 47000 tons, an increase of 2000 tons over last week.
It is understood that this week, with the narrowing of import losses, imports of zinc ingots to Hong Kong increased, but under the high zinc prices, the market demand weakens, leaving the warehouse is weak. The inventory of zinc ingots in the bonded area as a whole increased slightly by 2000 tons this week.
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