According to SMM research, as of Monday (July 24th), the total invento

Published: Jul 24, 2023 13:28

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According to SMM research, as of Monday (July 24th), the total inventory of SMM zinc ingots in seven places was 124,200 tons, down 900 tons from Monday (July 17th) and up 5,900 tons from Friday (July 21st), with domestic inventory increasing. Among them, in the Shanghai area, the import of zinc ingots arrived on weekends, while the shipment was generally down, and the inventory accumulated; in Guangdong area, the arrival of zinc ingots increased significantly on weekends, and the shipment was normal, driving the inventory up; in Tianjin area, the arrival and shipment were both less on weekends, and the overall inventory change was not obvious. In addition, the import of zinc ingots in Zhejiang increased, and the inventory also accumulated. Overall, the original three places of Shanghai, Guangdong and Tianjin increased 3,900 tons of inventory, and the national seven places increased 5,900 tons of inventory.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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