According to SMM survey, the average operating rate of zinc oxide plants last week was 60.1%, a decrease of 0.4 percentage point from the previous week. Firm zinc slag prices and the low access to raw materials have limited raw material purchases by zinc oxide plants. The decline in zinc prices has driven the orders of some enterprises to improve.
As the recent performance of automobile production and sales data is relatively bright, and tire orders outperformed in various consumer sectors of zinc oxide. Orders from other sectors were relatively brisk. The average operating rate will hover at the current level this week.
