Core Insights - The London Metal Exchange (LME) reported a continued decline in zinc inventories, reaching a new eight-month low of 33,825 tons [1] - The Shanghai Futures Exchange (SHFE) also saw a decrease in zinc inventories, with a weekly reduction of 5.27% to 103,416 tons as of October 31 [1] - Generally, declining inventories in both domestic and international exchanges are expected to support zinc prices, while increasing inventories would have a bearish effect [1] Inventory Comparison - As of November 3, 2025, LME zinc inventory stood at 33,825 tons, down from 35,300 tons on October 31, 2025 [4] - The SHFE inventory was reported at 103,416 tons on October 31, 2025, showing a significant decrease from previous weeks [4] - The trend indicates a consistent decline in LME zinc inventory from 39,800 tons on October 3 to the current level, while SHFE inventory has also shown fluctuations but remains significantly higher [3][4]
沪伦两市锌库存双双下滑 伦锌库存降至八个月新低
Wen Hua Cai Jing·2025-11-04 11:54