The proposed price of iron oxide industry fully considered the comprehensive cost, reflecting the true and complete product price

Last week, news from the Iron Oxide Branch of the China National Coatings Industry Association reported that the proposed price for iron oxide products in the first half of 2005 was formally announced. In the new pricing system, comprehensive cost considerations have been fully taken into account, which effectively reflects the integrity, authenticity, and comprehensiveness of Chinese iron oxide product prices.

The reporter learned that the final recommended prices of iron oxide products in the first half of 2005 are as follows: domestic price of iron oxide red is 6,000 yuan/ton (mixed acid method), 5,000 yuan/ton (sulfuric acid method), and export price is 740 dollars/ton (mixed acid Act), 600 US dollars / ton (sulfuric acid method); iron oxide yellow domestic sales price 6100 yuan / ton (sulfuric acid method), export price of 750 US dollars / ton (sulfuric acid method); iron oxide black domestic sales price 5600 yuan / ton (addition method ), 6300 yuan / ton (liquid phase method), export price of 680 US dollars / ton (addition method), 760 US dollars / ton (liquid phase method).

For a long time, the formulation and adjustment of iron oxide product prices in China has only involved factors such as raw materials, energy, packaging, and transportation, while ignoring the comprehensive costs that have occurred in environmental protection, safety production, industrial hygiene, labor protection, labor costs, etc. Expenditures after the increase in costs have made the price of iron oxide products in China far from the prices of international products. The profitability of the industry has been hovering near the cost line for a long time. In recent years, with the increase in raw material prices, as well as the increase in energy and transportation costs, the entire industry is on the verge of loss. This situation has seriously hampered the technological progress and sustainable development of China's iron oxide industry. The reputation of the products in the international market has been greatly reduced. "Low quality and low price" has become synonymous with domestic iron oxide products.

For this reason, at the annual meeting of the Iron Oxide Branch of the China National Coatings Industry Association held in 2005, delegates agreed that there are many imperfections in the price system of iron oxide products in China compared with the price system of iron oxide products in the international market. The irrationality has caused the entire industry to fall into the predicament of loss. Therefore, it is necessary to redefine the price of iron oxide products in China so as to ensure the long-term, stable, and healthy development of China's iron oxide industry.

After the meeting, the industry sub-committee finalized the industry-recommended price after thoroughly considering and extensively soliciting opinions based on the industry-recommended price of the iron oxide product category by the representative companies on the scale or in the region.

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