SMM

As of June 2, the inventory of zinc ingots in Shanghai bonded zone recorded 4,500 mt, down 700 mt from May 29.

During the week, the SHFE/LME zinc price ratio continued to recover, and the import window was about to open. A small amount of goods in the bonded area flowed into the market.

It is expected that the amount of imported zinc ingots in the market will continue to increase after the opening of the import window.

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