WhatsApp/Wechat:8618832781721
-
ProductsGoldbao grinding wheels are a major type of abrasive tool used in grinding. Grinding wheels are porous bodies made by adding a binder to an abrasive, followed by pressing, drying, and firing. Due to differences in abrasives, binders, and manufacturing processes, grinding wheels vary greatly in their properties, thus significantly impacting grinding quality, productivity, and economy.
-
ServiceThe company always adheres to the business philosophy of "integrity-based, quality-first", pursuing excellent products and services to continuously meet customer needs, thus enabling the company to grow steadily year by year. Honoring contracts and maintaining credibility are the tenets of our company. Promoting new product development, enhancing product competitiveness, and improving product quality are our company's policies.
-
BlogsOur company's employees will continue to strive for excellence and promise our valued users that we will deliver superior grinding quality and cost-effectiveness with safe and reliable quality at competitive prices. We look forward to creating a brilliant future together with you!!
-
AboutOur company is a high-tech enterprise integrating R&D, production, sales, and service. It covers an area of 45,000 square meters and has 200 employees, including 10 R&D personnel. In recent years, with the development of the company, we have continuously improved our quality and hardware facilities, and have successively introduced advanced equipment from home and abroad, laying a solid foundation for ensuring product quality. Currently, the company also has the right to operate import and export independently.
Only from the customer's perspective can we truly win the market
How can abrasive products companies cope with rising raw material prices?
Category：
Release time：
Sep 28,2021
The National Bureau of Statistics recently released the economic data for the first quarter. The data shows that the consumer price index (CPI) rose by 5.0% year-on-year in the first quarter, and the purchase price of raw materials by industrial producers rose sharply year-on-year. At the same time, the National Development and Reform Commission (NDRC) also raised the on-grid electricity prices in 16 provinces, domestic coal prices have risen for four consecutive weeks, global coal prices hit a new high, and energy prices have continued to rise sharply. The sharp rise in raw material and energy prices has had a significant impact on the abrasive industry, significantly increasing the production costs of enterprises. How should enterprises cope with this situation?
Firstly, recently affected by political instability in oil-producing countries such as Libya, the earthquake and nuclear crisis in Japan, international oil prices have risen sharply, reaching around US\$110, and coal prices have also risen sharply, directly leading to serious losses for power companies. In order to consider the current situation of power companies, the NDRC has promptly adjusted electricity prices. The rise in energy prices will directly threaten some abrasive enterprises, especially those producing silicon carbide and corundum abrasives.
The rise in coal prices puts pressure on some enterprises' costs. With the arrival of the \"peak summer\" season in China's coastal areas, coal imports will increase, and international coal prices are expected to rise further. Currently, the benchmark price for international thermal coal has reached a record high of US\$129.85 per ton. As of last week, the Bohai Rim thermal coal price index has risen for four consecutive weeks.
The NDRC raised the on-grid electricity prices in 16 provinces, increasing the costs of abrasive enterprises. On April 18, 2011, it was learned that the NDRC had raised the on-grid electricity prices in 16 provinces (autonomous regions and municipalities) a week earlier. Among them, the increase in Shanxi was the highest, at 2.6 fen/kWh; Shandong and four other provinces increased by 2 fen/kWh; Henan and another province increased by 1.5 fen/kWh; three other provinces increased by 1 fen/kWh; one province increased by 0.9 fen/kWh; and four provinces increased by 0.4 to 0.5 fen/kWh.
Coal prices in Shanxi rose by 10-30 yuan/ton. On April 21, a reporter learned from the China Coal Resources website that affected by the continuous rise of the Bohai Rim thermal coal price index for four consecutive weeks, the price of thermal coal has risen to the pithead. This week, coal prices in Datong and Taiyuan, Shanxi, have risen significantly, with an increase of 10-30 yuan/ton.
Secondly, after the sharp rise in cotton and rare earths last year, prices have remained high this year. Recently, the prices of raw materials such as rare earths, alumina, and epoxy resin have begun to show signs of rising, which directly leads to an increase in the production costs of abrasive enterprises, and if enterprises do not raise product prices, their survival will be threatened.
New cotton planting promotes a fall in cotton prices; coated abrasive products may be reduced in price. Since September 2010, cotton prices have risen explosively, accelerating from 18,000 yuan/ton. As of this week, domestic cotton spot prices remain around 30,000 yuan/ton. According to the reporter's in-depth investigation, although the cotton planting area will increase this year, cotton prices will continue to rise before the October harvest season, and may hit a new high after May. Cotton prices rose in the first quarter of 2011. In the first quarter of 2011, cotton spot prices generally showed an upward trend. In January, cotton prices were generally stable and slightly increased. In mid-February, that is, after the tenth day of the first month of the lunar year, cotton prices began to soar. In just 10 days, the increase exceeded 10%, and in March, cotton prices rose sharply and then fell back.
Keywords: