The dilemma of iron oxide pigments
Release time:
2020-02-03
2019 is coming to an end. For our industry, it is really a difficult year. The winter temperature this year is not cold, but for our iron oxide pigment industry, it is a veritable winter.
2019 is coming to an end. For our industry, it is really a difficult year. The winter temperature this year is not cold, but for our iron oxide pigment industry, it is a veritable winter. The reasons are as follows: First, the domestic real estate industry downturn affects too many related physical industries, resulting in a decline in domestic demand for iron oxide pigments; Second, the international economy is weak and foreign trade exports The quantity of iron oxide pigments is not as good as in previous years. Third, due to the rapid shipment of iron oxide pigments in the market in 2017 and the high profits, many iron oxide pigment factories have either expanded their production capacity or built new factories, resulting in an increase in the domestic supply of iron oxide pigments. These three points of Zongguan have led to oversupply of iron oxide pigments in the market. Manufacturers have repeatedly reduced prices in order to ship products, so that the manufacturer's ex-factory sales price is basically the same as the cost price or even lower than the cost price. At the just-concluded 2019 Shanghai International Coatings Exhibition, domestic counterparts basically participated in the exhibition and chatted with the CEOs of several major manufacturers. Everyone summarized the past year. However, most people are basically not optimistic about the outlook for the next year in 2020. Therefore, it is estimated that the cold winter in the iron oxide pigment market will continue.
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