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Late 2017, Cast Iron Pipes&Fittings Market Trends-Dinsen20170801
Late 2017, Cast Iron Pipes&Fittings Market Trends-Dinsen20170801
Late 2017, Cast Iron Pipes&Fittings Market Trends-Dinsen20170801
Rise -raw materials and cast iron pipes&fittings price keep rising trend
High pressure of environmental protection storm led to further compression capacity, a new
wave of price increases has quietly opened. Recently cast iron and ductile iron prices
continued to rise 2% -5%, mainly due to soaring prices of raw materials and low inventory or
negative inventory. Coke rose 3%, carton rose 20%, pig iron price trends to rise back to 3000
RMB/ton. Large demand for scrap price rising is inevitable, chemical plants, mine production
is also affected, electrodes, coal, epoxy resin ,silica sand and other casting materials prices
are rising too.
Tight- raw materials and cast iron pipes&fittings shortage tight trend
Foreign raw materials manufacturers striked, Chinese Government closed a large number of
small &medium materials factories and foundries. It is proved that one-third of cast iron
industry has stopped production,the remain enterprises productivity decreased due to hot
weather and the continuous rectification of the workshop. At present,many factories have
already begun to arrange new orders in October, August and September orders are full. In
accordance with the environmental requirements last year, some unqualified enterprises will
be limited from November 15 to next March 15, qualified enterprises to choose peak cut-off.
Next year Chinese Spring Festival factory is expected from February 1 to March 1,
reproduction and delivery is estimated at the end of March or early April, so the current cast
iron pipes&fittings production is quiet serious and tight.
As one of the major suppliers for cast iron pipes&fittings in China, our monthly
supply is 1000 tons of cast iron pipes and 100 tons of cast iron pipe fittings, timely
delivery to 99% of new and old customers. All buyers and friends, if you need to
buy cast iron pipes and accessories, please make plans as soon as possible, our
company will according to market demand to produce and inventory in advance,
thanks.