SHANGHAI, Jan 11 (SMM) – Operating rates across Chinese producers of zinc oxide dipped 0.72 percentage point month on month to 52.9% in December, 0.88 percentage point higher than a year earlier, SMM data showed.

Rates are likely to drop 3.08 percentage points from December to 49.82% in January.

On a yearly basis, rates in January are likely to drop 3.03 percentage points as Chinese New Year is earlier this year.