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Import Window Opens, Bonded Area Inventory Declines [SMM Bonded Area Inventory Weekly Review]

  • Jan 09, 2025, at 6:04 pm
[Bonded Zone Inventory Remains Unchanged]: According to SMM, as of this Thursday (January 9), the inventory in the Shanghai Bonded Zone was 6,000 mt, with the bonded zone inventory WoW...

SMM, January 2: According to SMM, as of this Thursday (January 9), the Shanghai Bonded Zone inventory stood at 6,000 mt, down 1,000 mt WoW. The bonded zone inventory decreased. During the week, the import window opened, and although imported zinc ingots flowed in, spot zinc ingots in the Shanghai area remained relatively tight. Traders actively shipped out goods, leading to a significant outflow of imported zinc ingots and an overall reduction in bonded zone inventory.

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