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.
