Bonded Area Inventory Declines [SMM Bonded Area Inventory Weekly Review]

Published: Dec 27, 2024 09:27

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[Inventory in Bonded Area Declined]: According to SMM, as of this Thursday (December 26), the inventory in the Shanghai Bonded Zone stood at 7,000 mt, down 1,000 mt WoW...

SMM reported on December 27: According to SMM, as of this Thursday (December 26), the inventory in the Shanghai Bonded Zone stood at 7,000 mt, down 1,000 mt WoW, with a decrease in bonded zone inventory. Although the import window was closed during the week and spot zinc in the Shanghai area was relatively tight, the willingness to sell imported zinc ingots was strong, leading to outflows from the bonded zone and a decline in inventory.

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