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MMi
Forward-Priced Zinc Ingot Flows Into Bonded Zone Inventory Increases [SMM Bonded Zone Zinc Ingot Inventory Weekly Review]
Mar 21, 2025, at 2:20 pm
[Inflow of Price-Locked Zinc Ingot Boosts Bonded Zone Inventory]: According to SMM, as of Thursday (March 20), the Shanghai Bonded Zone inventory was 11,500 mt, up 2,500 mt WoW.
SMM Mar 21: As of Thursday (Mar 20), the inventory in the Shanghai Bonded Zone was 11,500 mt, up 2,500 mt WoW. Despite the import window being closed during the week, imported zinc ingot cargoes that were previously locked in at fixed prices continued to flow in, leading to an increase in bonded zone inventory.
