Industry News

Zinc Sub-oxide: An increase in shutdowns for maintenance among rotary kiln producers has kept supply consistently tight, maintaining firm price quotes. *Context (Zinc Market):* On the macro front, key attention is focused on the U.S. non-farm payroll data for January. Fundamentally, downstream enterprises generally began their holiday breaks around the "Minor New Year" (a week prior to the Lunar New Year); consequently, operating rates in sectors such as galvanizing, zinc die-casting, and zinc oxide production are projected to decline by 15–25%, with consumption nearly grinding to a halt during the holiday period.

Under the combined influence of a bearish macro outlook and weak pre-holiday demand, zinc prices are expected to remain under pressure, fluctuating within a range centered around 24,500 RMB/ton.

Sulfuric Acid: Prices have risen across various regions. In North China and Shandong, prices increased by 50–80 RMB/ton, with ex-factory quotes ranging from 1,080 to 1,150 RMB/ton. In Northeast China and Eastern Inner Mongolia, prices rose by 50 RMB/ton, with ex-factory quotes ranging from 1,080 to 1,200 RMB/ton. In Guangxi, prices surged by 150 RMB/ton, with ex-factory quotes ranging from 1,180 to 1,300 RMB/ton. In Hunan, prices increased by 50 RMB/ton, with ex-factory quotes ranging from 1,150 to 1,280 RMB/ton.