Industry news of zinc sulfate market in August released by Rech Chemical

Due to the weak demand, at present, the trading volume of fertilizer grade zinc sulfate throughout the market always keeps limited. Since June of last year, the price of zinc sulfate has appeared a downward trend all the way. For the selling is not very good in many small and medium-sized zinc sulfate manufacturers, inventory backlogs commonly occur. Market sags make the operating rate stay very low, even some manufacturers shut down to wait the market recovery and restart.

It is told by one material purchaser of Rech Chemical Co. Ltd that the raw materials of fertilizer grade zinc sulfate--zinc oxide shows tight in purchasing. Moreover, zinc oxide’s price is still on the rise. In the coming weeks, it’s expected there may be a small rise on the price of zinc sulfate.