Approaching the Chinese New Year Holiday, Zinc Downstream Performance Shows Slight Divergence [SMM Analysis]

Published: Jan 17, 2025 19:29

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[Approaching the Chinese New Year Holiday, Zinc Downstream Shows Slight Divergence] This week, zinc downstream enterprises have gradually entered the holiday period, with galvanizing and die-casting zinc alloy enterprises increasingly taking breaks, leading to a significant decline in the overall operating rate.

SMM January 17 News:

This week, downstream zinc enterprises have gradually entered the holiday period. Among them, galvanizing and die-casting zinc alloy enterprises have seen an increasing number of holidays, leading to a significant decline in the overall operating rate. Due to production cycle issues, zinc oxide enterprises are mostly expected to start their holidays next week, focusing on finished products this week. It is anticipated that most enterprises will be on holiday next week, and the operating rate will continue to decrease.

(The above information is based on market data collection and comprehensive evaluation by the SMM research team. The information provided in this article is for reference only and does not constitute direct investment research advice. Clients should make cautious decisions and not replace independent judgment with this information. Any decisions made by clients are unrelated to SMM.)

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