SHANGHAI, Jan 19 (SMM) – Inventories of zinc ingot across Shanghai-bonded areas fell 2,300 mt in the week ended January 17 to 71,400 mt, after a decline of 1,500 mt in the previous week.
Export shipments accounted for the inventory decline for the week.
The stocks have declined for two consecutive weeks, by a combined volume of 3,800 mt.
![[SMM Analysis] Tồn kho LME tăng trong khi backwardation nới rộng — Điều gì đứng sau nghịch lý rõ ràng của kẽm?](https://imgqn.smm.cn/usercenter/qdibi20251217171755.jpg)

![LME tăng mạnh trong khi SHFE kẽm tiếp tục tăng [Bản tin kỳ hạn kẽm SMM]](https://imgqn.smm.cn/usercenter/eyxqF20251217171756.jpg)
