Operating Rates of Zinc Downstream Sectors Decline Ahead of Chinese New Year Holiday

게시됨: Jan 24, 2025 14:38
[Operating Rates of Zinc Downstream Sectors Plunged the Week Before the Chinese New Year Holiday] This week, the operating rates of zinc downstream sectors showed a consistent decline, significantly impacted by the Chinese New Year break. During the week, a few large galvanizing producers slightly increased their raw material inventory due to stocking plans, while the die-casting sector saw a decrease in raw materials WoW due to company holidays. Zinc oxide remained relatively unchanged from last week. With the Chinese New Year arriving next Wednesday, market consumption is expected to be nearly nonexistent, and transportation will also face disruptions. Operating rates of zinc downstream sectors are expected to drop further.

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[Operating Rates of Zinc Downstream Sectors Plunged the Week Before th - Shanghai Metals Market (SMM)