Some enterprises are still in a state of shutdown, and the operating rate of die-casting zinc alloy has declined [SMM Weekly Review of Die-Casting Zinc Alloy]

SMM News on June 27:

       This week, the operating rate of die-casting zinc alloy enterprises was recorded at 46.54%, down 8.58 percentage points MoM. On the raw material side, the center of zinc prices moved upward this week, and enterprises had low purchase willingness, leading to a MoM decrease in raw material inventories. On the finished product inventory side, affected by the weakening downstream consumption and high prices, the outflows from warehouses of die-casting zinc alloy enterprises decreased, and finished product inventories increased MoM. The significant decline in the operating rate of die-casting zinc alloy enterprises this week was mainly due to some enterprises still being in the stage of halting production and consuming inventories during the week. On the other hand, constrained by the recent weak consumption, the production of some enterprises declined slightly, jointly driving down the operating rate. In terms of terminal orders, as downstream consumption has entered the off-season, and prices moved upward this week, orders in all sectors weakened this week. Among them, orders for real estate hardware had mediocre performance this week; the demand from large terminal factories for auto parts orders was relatively stable, while the demand from small factories was relatively poor; the demand for small hardware orders such as luggage and zippers also weakened this week. Enterprises that took a break this week are currently expected to resume production around mid-week next week, and it is anticipated that the operating rate of die-casting zinc alloy enterprises will rise to around 53.55% next week.

                                                                                                                                                》Click to view the SMM Metal Industry Chain Database