The operating rate of zinc oxide this week was recorded at 60.79%, down 0.83% WoW. Recently, affected by tariffs, the orders for all-steel tires in the rubber-grade zinc oxide sector have been in the doldrums, with poor downstream demand. The overall demand for ceramic-grade zinc oxide remains relatively stable. The consumption of feed-grade zinc oxide is relatively average due to the current pork market demand, and companies are cautious about the future. In terms of export orders, companies believe there are many uncertainties ahead. According to feedback from zinc oxide companies, end-users with export orders have been experiencing slower payments recently, and the impact of tariffs may gradually become apparent.