Operating Rate Of Die-Cast Zinc Alloy Dropped Last Week

Published: Jul 26, 2023 10:24
Source: SMM
The production rate of die-cast zinc alloy last week recorded 44.35%, a decrease of 2.44 percentage points compared to last week's 46.79%.

The production rate of die-cast zinc alloy last week recorded 44.35%, a decrease of 2.44 percentage points compared to last week's 46.79%.

Regarding raw material inventory, enterprises have just made purchases for immediate needs, and the inventory remained stable. In terms of production rate, although the operating time has been affected by power rationing due to high temperatures in Zhejiang, Jiangsu, and other regions, most enterprises were indirectly in operation, so the impact was not significant, and the local enterprises' production status remained relatively stable. However, some die-cast zinc alloy manufacturers in southern China have been greatly affected by typhoons, resulting in occasional temporary suspensions of production, leading to a narrow decline in the overall production rate last week.

It is expected that the marginal impact caused by extreme weather will weaken this week, and the production rate of die-cast zinc alloy manufacturers may increase.


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More popular news:

 

Shenzhen Released 24 Measures To Support High-Quality Development Of Foreign Trade

Citi Research Cautious about Copper Prices in Three Quarters, Iron Ore Prices to Have Support from Policy Stimulus

SMM Daily Comments (Jul 3): SHFE Base Metals Rose across the Board with Tin Surging, Ferrous Metals Prices Closed Mixed

SMM Daily Comments (Jul 5): Base and Ferrous Metals Prices Mostly Fell, WTI Soared despite Lingering Concerns over Global Economic Downturn

SMM Daily Comments (Jul 6): SHFE, LME Base Metals Diverged with SHFE Nickel and Tin Skyrocketing, Ferrous Metals Rose across the Board

China Commodity Supply and Demand Boomed in June

China Vows To Increase Macro-Control Efforts, Expand Consumption And Stabilise Investment

Citi Research Cautious about Copper Prices in Three Quarters, Iron Ore Prices to Have Support from Policy Stimulus

Copper Inventories in China Bonded Zones Plunged This Week

SAIC: Car Sales in June Rose to Highest for The Year

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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