SMM Data: According to SMM research, as of Monday (November 20), the t

Published: Nov 20, 2023 15:00

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SMM Data: According to SMM research, as of Monday (November 20), the total inventory of SMM seven zinc ingots was 103,600 tons, down 1,200 tons from November 13 and 1,900 tons from November 17, with domestic inventories decreasing. The overall decrease in inventories was mainly due to the decline in zinc prices near the weekend, the increase in replenishment of the market at low prices, and the shipment of the weekend, as well as the normal arrival of the market. In addition, the inventory of imported zinc ingots in Zhejiang increased slightly. Overall, the original three inventories decreased by 2,300 tons, and the seven inventories decreased by 1,900 tons.

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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