Monthly Zinc Market Report July 2023
2023-08-11 08:13:52 【Print】
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1 Market Highlights
In spite of weak demand, supported by positive attitudes from most market participants, the mainstream prices of Chinese zinc ingot showed uptrend in July.
Though most consumers held back from purchasing with sufficient inventories of imported zinc concentrate. Most suppliers maintained stable basic TCs during the whole month due to thin profits.
In July, the demand of zinc die-casting alloy maintained weak due to the low operating rate form downstream including clothing, sanitary ware, locks, automobiles, and other industries.
In July, the zinc oxide market saw weak demand as the downstream rubber, tire, ceramic, and other industries received scarce orders.
In July, most consumers purchased from hand to mouth as the demand remained weak, while most zinc powder producers kept their TCs for zinc powder stable due to thin profits.
In spite of weak demand, supported by positive attitudes from most market participants, the mainstream prices of Chinese zinc ingot showed uptrend in July.
Though most consumers held back from purchasing with sufficient inventories of imported zinc concentrate. Most suppliers maintained stable basic TCs during the whole month due to thin profits.
In July, the demand of zinc die-casting alloy maintained weak due to the low operating rate form downstream including clothing, sanitary ware, locks, automobiles, and other industries.
In July, the zinc oxide market saw weak demand as the downstream rubber, tire, ceramic, and other industries received scarce orders.
In July, most consumers purchased from hand to mouth as the demand remained weak, while most zinc powder producers kept their TCs for zinc powder stable due to thin profits.
