Zinc Ingot Price Trend and Forecast

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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-ingo
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New Updated Zinc Ingot Prices online
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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.
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Zinc Ingot Supply in Global Market Online
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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-ingo
  t-1280

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Zinc Ingot Pricing Trend and Forecast
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Demand of Zinc Ingot North America Online
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Free Search Zinc Ingot Market Price Online
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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 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.

• 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

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