SMM Oct. 25: According to SMM, as of Thursday (Oct. 24), the inventory in the Shanghai Bonded Zone stood at 4,500 mt, down 3,500 mt WoW. The bonded zone inventory decreased. The import profit margin remained in negative territory, and the import window has been closed for a long time. The inflow was mainly composed of zinc ingots locked in at earlier prices. Downstream users picked up goods gradually, and the export window opened, indicating some zinc ingots might be exported. Overall, the bonded zone inventory declined.
