The average operating rate of die-casting zinc alloy manufacturers was 51.73% last week, up 4.11 percentage points. The raw material inventory increased due to purchasing at lows. Due to the current small growth in end-user orders, many companies plan to shut down during the National Day holidays.
Alloy plants in south China planned to halt production around September 25. Alloy and end-user companies around Hangzhou should be required to suspend production during the Asian Games. Therefore, many companies restocked in small quantities, which led to an increase in operating rates last week. Considering the closures ahead of National Day holidays, operating rates at die-casting zinc alloy enterprises will fall this week.
