Zinc Ingots Inventory In Shanghai Bonded Zone To Increase

As of May 26, the inventory of zinc ingots in Shanghai bonded zone recorded 5,200 mt, up 2,700 mt from May 19.

At present, the SHFE/LME zinc price ratio rose to above 8.5. SHFE zinc is likely to continue to outperform LME zinc.

The import window may open, and it is expected that the bonded area inventory will continue to increase in the future.

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