Jun operating rate at galvanising plants down on seasonal lull-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Aluminium
  • Silicon
  • Futures movement
  • Inventory data
  • Copper
  • Prebaked anode
  • NEV
  • Lead
  • Nickel
  • Evening comments
  • MMi Iron Ore Port Index
  • New Energy Vehicle
  • Production data
  • Market commentary

Jun operating rate at galvanising plants down on seasonal lull

Data Analysis 04:58:39PM Jul 05, 2018 Source:SMM

SHANGHAI, Jul 5 (SMM) – Operating rates at galvanising plants across China decreased in June as weakening consumption grew inventories of finished products at major plants, SMM research found.

The operating rate came in at 81.16% last month, down 5.43 percentage points from a month ago and down 5.21 percentage points from a year ago.

The low season will extend to August. Further production cuts are also likely as China intensifies its environmental push.

In July, the operating rate is likely to dip 0.51 percentage point to 80.65%, SMM estimated from production plans across plants at the start of July. On a yearly basis, the rate is expected to be 2.83 percentage points lower.

Key Words:  Operating rates   Galvanising 

Price

more
1# Zinc
Apr.19
21820.0
-40.0
(-0.18%)
0# Zinc
Apr.19
21890.0
-40.0
(-0.18%)
T/C for domestic zinc concentrate
Apr.01
6350.0
200.0
(3.25%)
T/C for imported zinc concentrate
Apr.01
240.0
5.0
(2.13%)
Zinc Alloy (Zamak3/ZX01)
Apr.19
22790.0
-40.0
(-0.18%)

Jun operating rate at galvanising plants down on seasonal lull

Data Analysis 04:58:39PM Jul 05, 2018 Source:SMM

SHANGHAI, Jul 5 (SMM) – Operating rates at galvanising plants across China decreased in June as weakening consumption grew inventories of finished products at major plants, SMM research found.

The operating rate came in at 81.16% last month, down 5.43 percentage points from a month ago and down 5.21 percentage points from a year ago.

The low season will extend to August. Further production cuts are also likely as China intensifies its environmental push.

In July, the operating rate is likely to dip 0.51 percentage point to 80.65%, SMM estimated from production plans across plants at the start of July. On a yearly basis, the rate is expected to be 2.83 percentage points lower.

Key Words:  Operating rates   Galvanising