Typhoon Weather Impacts Enterprise Operations, Die-Casting Zinc Alloy Operating Rate Declines [SMM Die-Casting Zinc Alloy Weekly Review]

This week, the operating rate of the die-casting zinc alloy industry came in at 45.33%, down 2.45 ppt WoW. Inventory side, affected by the current mediocre demand, die-casting zinc alloy enterprises were cautious in procurement. Meanwhile, prices stayed high and fluctuated this week, and shipments from alloy plants did not see a notable improvement. Overall inventory was little changed WoW. The decline in operating rates at die-casting zinc alloy enterprises this week was mainly due to temporary production suspensions at some alloy plants in east China because of recent typhoon weather. As for end-user orders, demand across application sectors was mediocre, mostly rigid demand with insufficient growth. Hardware, auto parts, home appliances, etc., were all in the off-season, providing insufficient support to operating rates. Looking ahead to next week, enterprises affected by the extreme weather are expected to resume normal production, and the operating rate of die-casting zinc alloy is expected to rise to around 48.78%, fluctuating near that level.