According to SMM, as of Thursday (December 12), inventory in the Shanghai Bonded Zone was 8,600 mt, down 900 mt WoW. Although the import window briefly opened last week, allowing some imported zinc ingots to flow in, the overall inventory in the bonded zone decreased as some imported zinc ingots flowed into Shanghai where spot market supply was tight.
Zinc ingot inventory in the Shanghai Bonded Zone declined
- Dec 16, 2024, at 9:39 am
- SMM
According to SMM, as of Thursday (December 12), inventory in the Shanghai Bonded Zone was 8,600 mt, down 900 mt WoW.