SMM5, 11 May: as of Monday (May 11), the total inventory of zinc ingots in SIMM Seven places was 237600 tons, an increase of 1400 tons from last Wednesday (May 6) and 600 tons from Friday (May 8), according to SMM.
Weekend social inventory in seven places slightly increased, mainly concentrated in East China, Shanghai weekend supply concentrated to the warehouse, including some imported zinc ingots; Tianjin area inventory decreased slightly, mainly due to the return of zinc prices after the smelter shipment willingness is more positive, quotation is on the low side, active shipment; Guangdong weekend some enterprises just need to pick and buy, in and out offset by a small decline. Overall, the original Shanghai, Guangdong and Tianjin inventory increased by 300 tons, the national seven places inventory recorded an increase of 600 tons.
