In June, secondary zinc oxide prices continued to rise. How will they perform going forward?

Raw material side, the supply of core raw materials such as steel ash and electric furnace ash all declined to varying degrees in May, directly affecting the overall raw material supply level of the industry. Specifically, on the blast furnace front, some blast furnaces entered the maintenance phase in May, with maintenance shutdowns basically concentrated throughout the entire month of May.

Secondary Zinc Oxide Production Fell in February, While Secondary Zinc Oxide Payables Remained Relatively Firm. What Trend Will Secondary Zinc Oxide Show in March?

In December, the production of secondary zinc oxide declined, with the payables slightly decreasing in some regions by the end of the month. What is the trend for secondary zinc oxide in January?

In recent years, the development of the secondary zinc industry has attracted significant attention; however, the domestic supply of secondary zinc oxide has become increasingly tight. In contrast, Southeast Asia boasts abundant secondary zinc oxide raw material resources at relatively low prices, which has prompted many Chinese enterprises to establish production facilities in the region, with a considerable number choosing Vietnam. At the same time, amid growing uncertainties in international trade, more companies are relocating their plants to Vietnam to achieve integrated procurement, production, and sales, gradually forming a market trend. To keep pace with the globalization of international trade and the market development of secondary zinc oxide both domestically and overseas, and to reflect the actual price fluctuations of secondary zinc oxide internationally, SMM plans to launch the CIF import secondary zinc oxide payables.

SMM News, November 4:Low-grade zinc oxide prices continue to rise, while zinc calcine TC is falling at an accelerated pace. What are the reasons behind this trend, and when will excessively high raw material prices begin to decline?