Zinc Price Falls to Breakeven Point, Small Enterprises to Face Significant Cash Flow Pressure In June

Recently, SHFE zinc has fallen below 19,000 yuan/mt, hitting the lowest in two and a half years. The prices have dropped to the breakeven point of smelters.

Listed companies in the middle and middle and upstream of the industry chain have long-term contracts and also have an advantage in sales models. This makes them more resistant to pressure, but the orders at small and medium-sized enterprises are worrying.

An industry insider told a reporter with cls.cn: "From the end of April, the market has been quiet and there were hardly any orders." "Probably after June, some smaller companies will have greater financial pressure."

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