Uploaded on Feb 13, 2023
Due to continuous slow end-user demand in the US, the Zinc Ingot Price declined in the fourth quarter of 2022. Imports were restricted in the mid-quarter due to China's Golden Week holiday leading to a shortage of material available in the US market. According to market analysts, during the quarter, ongoing supply disruptions, high inflation, and China's zero-COVID policy helped alleviate general concerns about a recession and dampen hopes for a rebound in the United States. The US supply chain, however, showed a steady improvement later in the quarter as the recessionary fears eased and the ports experienced a significant drop in ship backlogs after a prolonged port backlog.
Zinc Ingot Price Trend and Forecast
Zinc Ingot Price Trend and Forecast
Due to continuous slow end-user demand in the US, the Zinc
ingot market declined in the fourth quarter of 2022. Imports were
restricted in the mid-quarter due to China's Golden Week holiday
leading to a shortage of material available in the US market.
According to market analysts, during the quarter, ongoing supply
disruptions, high inflation, and China's zero-COVID policy helped
alleviate general concerns about a recession and dampen hopes
for a rebound in the United States. The US supply chain,
however, showed a steady improvement later in the quarter as
the recessionary fears eased and the ports experienced a
significant drop in ship backlogs after a prolonged port backlog.
https://www.chemanalyst.com/Pricing-data/zinc-ingot-1280
New
Updated
Zinc
Ingot
Prices
online
In the fourth quarter of 2022, the
domestic Zinc ingot market in China
In the fourth quarter of 2022, the domestic
Zinc ingot market in China showed
stagnancy despite the rising raw material
prices. The export orders for China's industry
producing Zinc ingot declined steadily in the
mid-Q4 of 2022 due to the shutdown of
industrial facilities for the Golden Week and
staff shortage. The situation was further
worsened by another rise in covid cases and
consequent lockdowns. Consistent end-user
industry demand during the fourth quarter
has been mostly blamed for the overall
pricing trend. Because they had enough
inventory on hand, domestic producers and
suppliers were able to meet all domestic
demand for the whole quarter. Christmas
holidays and the approaching Spring festival
declined the market demand and industrial
output.
https://www.chemanalyst.com/Pricing-data/zinc-ingo
t-1280
Zinc Ingot
Supply in
Global Market
Online
The market prices of
Zinc Ingot in the
fourth quarter of 2022
•The market prices of Zinc Ingot in the fourth quarter of 2022
followed the uptrend in the European market on account of
increasing demand and limited inventories level in the
regional market. Major manufacturers had to halt the
operational rate in the German market due to elevated
energy prices along with staff members. The manufacturers
claimed that the price rose in order to meet the upstream
industries' increased production costs as a result of rising
energy prices. It was challenging for mills to reach their goal
prices due to low demand from distributors and end users,
notably the automotive industry, as well as from competitors'
import offers. Due to the lack of end-user demand, however,
spot buyers have not expressed much interest in making a
purchase.
•https://www.chemanalyst.com/Pricing-data/zinc-ingot-12
80
Zinc Ingot Pricing Trend and
Forecast
Demand of Zinc Ingot North America Online
Free Search Zinc Ingot Market Price Online
Due to continuous slow end-user demand in the
US, the Zinc ingot market declined in the fourth
quarter of 2022
Due to continuous slow end-user demand in the US, the Zinc The market prices of Zinc Ingot in the fourth quarter of 2022
ingot market declined in the fourth quarter of 2022. Imports followed the uptrend in the European market on account of
were restricted in the mid-quarter due to China's Golden Week increasing demand and limited inventories level in the
holiday leading to a shortage of material available in the US regional market. Major manufacturers had to halt the
market. operational rate in the German market
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