SMM Flash News: Domestic Zinc Ingot Inventory Declines Across Seven Locations

Published: May 29, 2025 18:30

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[SMM Flash News] According to SMM's communication and understanding, as of Thursday (May 22), the total zinc ingot inventory across seven locations tracked by SMM was 80,400 mt, a decrease of 5,900 mt from May 15 and a decrease of 3,400 mt from May 19, indicating a decline in domestic inventory. In the Shanghai region, there were fewer cargo arrivals during the week, while downstream enterprises engaged in just-in-time procurement and continuously picked up goods, leading to a significant drop in inventory. In the Guangdong region, there were also fewer cargo arrivals, resulting in a slight decrease in inventory. In the Tianjin region, the downstream procurement demand slowed down somewhat, combined with normal cargo arrivals during the week, leading to a slight increase in inventory. Overall, the inventory in the original three locations decreased by 3,000 mt, and the inventory across seven locations decreased by 3,400 mt.

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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