Zinc ingot inventory across seven major regions in China declined

According to an SMM survey, as of Thursday (December 12), total zinc ingot inventory across seven locations was 91,400 mt, down 3,300 mt from December 5 and down 900 mt from December 9, indicating a reduction in domestic inventory. Inventory in the Shanghai region decreased last week, with limited arrivals at warehouses and a slight overall inventory reduction. Inventory in the Tianjin and Guangdong regions also slightly decreased, with no improvement in warehouse arrivals and downstream just-in-time purchasing, resulting in small overall inventory changes. Overall, inventory in the original three locations decreased by 900 mt, and inventory across the seven locations decreased by 900 mt.