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Post-Holiday Zinc Ingot Inventory Continues to Increase, but Inventory Buildup Slows Down [SMM Weekly Review on Social Zinc Ingot Inventory]

  • Feb 14, 2025, at 3:48 pm
[Post-Holiday Zinc Ingot Inventory Continues to Increase, but the Buildup Slows]: According to SMM's communication, as of this Thursday (February 13), the total zinc ingot inventory across seven regions monitored by SMM reached 123,300 mt, an increase of 16,300 mt compared to February 6 and 4,600 mt compared to February 10, with domestic inventory recording a rise...

SMM, February 14: According to SMM communication, as of this Thursday (February 13), the total zinc ingot inventory across seven regions monitored by SMM reached 123,300 mt, up 16,300 mt from February 6 and up 4,600 mt from February 10, with domestic inventory recording an increase. Inventory in three domestic regions rose MoM, mainly due to continuous arrivals at warehouses in these regions. However, as downstream operations gradually resumed, the overall inventory buildup slowed, and the increase in inventory remained modest. Overall, the inventory in the original three regions increased by 3,000 mt, while the inventory across seven regions rose by 4,600 mt.

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