Two Questions That Refractories Production Enterprises Need Notice

A, The financial matter is still a primary problem to ensure the safety operation for production enterprises.

Refractories production enterprises must pay more attention to the capital management. At present, the refractories production enterprises’ accounts receivable are still rising, and the production working capital is quite tight. The financial cost pressure is increasing, and the payment collection is difficult.

Therefore, production enterprises need to identify the current business situation calmly, and focus on strengthening trade receivable, to ensure the safety in enterprise management.

B, The export varieties and the average prices of refractory materials and products have fallen sharply, which should be paid more attention to.

In the first quarter, the average export prices of refractory raw material fell by 7.8% on year-on-year basis, and the average export prices of the main export varieties, such as refractory clay, white fused alumina and graphite decreased by 16.34%, 15.58% and 9.05% respectively.

The average export prices of refractory products decreased by 27.05% on year-on-year basis. Especially the average export price of alumina-silica refractory products decreased by 46.11% on year-on-year basis; The average export price of alkaline refractory products also continued the downtrend of last year, with 8.09% decline.

The significant reduction of of the average export prices is necessarily bad result caused by market competition, which not only affects the management quality of export enterprises, but also is easy to trigger a trade dispute, and should be paid high attention.