East China Zinc Ingot Inventory Rises, Consumption Weakens Amid Fluctuating Futures Prices

Published: Jun 2, 2026 16:28

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[Refined Zinc Market] According to SMM data, social inventory of zinc ingots in east China continued to accumulate. The market had ample overall supply with a large number of traders making shipments. However, zinc futures prices fluctuated, and coupled with weakening off-season orders from downstream zinc consumers, refined zinc consumption in the east China market performed poorly.

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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