Inventory of Zinc Ingots across Seven Markets in China Decreased 2,100 mt from May 27.

SHANGHAI, May 30(SMM) - Total zinc ingots inventories across seven markets in China stood at 248,900 mt as of May 30, down 15,000 mt from May 23 and down 2,100 mt from May 27. Inventory of zinc inventory continued to decrease. In Shanghai, the arrivals still have not seen any improvement, and inventory continued to decline amid normal pick-ups. In Tianjin, pick-ups were smooth thanks to the relaxation of pandemic prevention and control measures. Coupled with the export expectations, inventory in Tianjin continued to reduce. In Guangdong, the arrivals slightly slowed down, but inventory increased amid sluggish downstream demand. Inventories in Shanghai, Guangdong and Tianjin dropped 3,100 mt and inventories across seven major markets decreased 2,100 mt.