The average operating rate of die-casting zinc alloy manufacturers was 48.04% last week, up 0.67 percentage point from 47.38% in the previous week. The raw material inventory increased due to purchasing at lows. With increased raw materials, the overall operating rate rose slightly.
Orders for small hardware such as zippers were acceptable. However, due to the poor orders of terminal enterprises, the fluctuation of zinc price had limited appeal to terminal enterprises.
Therefore, the inventory of die-cast zinc alloy products accumulated. At present, orders for sanitary ware and locks related to real estate factories continued to be light. It is expected that operating rates at die-casting zinc alloy enterprises may drop slightly this week.
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