Die-Casting Zinc Alloy Market Shows Divergence, Operating Rate Expected to Pull Back Next Week [SMM Die-Casting Zinc Alloy Weekly Review]

       This week, the operating rate for die-casting zinc alloy recorded 51.26%, up 1.75 percentage points WoW. Inventory side, zinc prices dropped back slightly, and die-casting zinc alloy enterprises saw slightly improved shipments, which boosted raw material inventory higher and finished product inventories lower. The main reason for the rise in operating rates this week was marginal improvement in orders for some enterprises, boosting the overall operating rate, while some enterprises that had previously controlled production resumed production slightly this week. Recently, affected by zinc prices fluctuating at highs, shipments of national standard zinc alloy in the market were relatively difficult, but non-standard alloy shipments were good, so non-standard producers' operating rates improved recently. In terms of end-user orders, some end-user hardware factories gradually entered holiday breaks recently, with low demand for goods, and market consumption gradually weakened. According to SMM, relatively few alloy plants in the market are on holiday currently. However, starting next week, small and medium-sized alloy plants in the market are expected to begin holidays successively, with most market alloy plants expected to enter concentrated holiday phases from the beginning of next month. Next week, the operating rate for die-casting zinc alloy is expected to pull back slightly, fluctuating around 50.82%.