Inventory: According to an SMM survey, as of Thursday (June 27), the total zinc ingot inventory in China’s seven regions was 194,600 mt, an increase of 4,300 mt from June 20 and an increase of 800 mt from June 24. Inventories in Shanghai and Guangdong slightly increased, with normal warehouse arrivals during the week and downstream restocking as needed. In Tianjin, inventory slightly decreased due to normal shipments arrivals and downstream delivery-taking. Overall, the original three regions' inventory increased by 400 mt.
Total zinc ingot inventory in China’s seven regions grew this week
According to an SMM survey, as of Thursday (June 27), the total zinc ingot inventory in China’s seven regions was 194,600 mt, an increase of 4,300 mt from June 20 and an increase of 800 mt from June 24.
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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