SMM7 March 27:

According to SMM, as of Monday, SMM's total zinc ingot inventory was 205100 tons, down 1300 tons from last Friday and 7500 tons from last Monday.

Inventory in the seven places fell slightly over the weekend, mainly in Shanghai. Replenishment at low prices in the lower reaches of the Shanghai area led to the exit of the warehouse, the total amount of imported zinc into the market was limited, and inventory decreased; the market in Guangdong remained stable, while the output declined, and inventory slightly increased; and the weekly ratio of refineries in Tianjin improved, while the output also increased, and the inventory did not change. Overall, the original inventory in Shanghai, Guangdong and Tianjin fell by 1000 tons, while the inventory in seven places across the country dropped by 1300 tons.