Orient Zirconic Ind Sci & Tech to lift prices for some products
2017-02-17 14:28:17 【Print】
In an announcement released on the evening of 16 February 2017, Guangdong Orient Zirconic Ind Sci & Tech Co
The company will lift further by RMB600/t (USD87.38/t) and RMB2,000/t (USD291/t) for zirconium oxychloride and zirconium dioxide, after the increase of RMB900/t (USD131/t) and RMB2,000/t (USD291/t) for them respectively in last October, and will lift EXW prices for compound zirconia by RMB4,000/t (USD583/t).
Sales of the above three products amounted to about RMB166 million (USD24 . 17 million) in 2015, and this price lifting will impose some impacts upon the company’s operation revenues in 2017.
. , Ltd . declared that, as China’s de-capacity policies have already taken effects and the zirconium industry has seen an overall improvement, and in consideration of its increasing production costs and the supply-demand status in the current market, the company decides to lift prices for some of its products in order to guarantee a smooth operation and better profit margins.
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