Operating Rate Of Zinc Oxide Plants Fell Last Week

Telah Terbit: Jul 26, 2023 10:22
Sumber: SMM
Last week, the operating rate of zinc oxide was 62.2%, a marginal decrease of 0.1 percentage point compared to the previous week. In terms of raw materials, zinc prices fluctuated, leading to increased procurement by enterprises. However, the impact of typhoons in Guangdong province affected the operations of galvanizing companies, resulting in difficulties in raw material procurement and a decrease in inventory.

Last week, the operating rate of zinc oxide was 62.2%, a marginal decrease of 0.1 percentage point compared to the previous week. In terms of raw materials, zinc prices fluctuated, leading to increased procurement by enterprises. However, the impact of typhoons in Guangdong province affected the operations of galvanizing companies, resulting in difficulties in raw material procurement and a decrease in inventory.

In terms of orders, there was relative differentiation among enterprises due to price competition, with rubber orders performing well while other sectors showed little change. Regarding operations, some companies experienced maintenance or production reduction due to weather conditions and order influence. The operating rate remained weak, and it is expected that there may be an increase in maintenance in the future, with a slight downward space for the operating rate.

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