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NickelPricesInIndonesiaHaveSkyrocketed,AndSanitarywareProductsHaveToRiseInPrice!|VIGARobinetFabricant

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Nickel prices in Indonesia have skyrocketed, and sanitaryware products have to rise in price!

Nickel is one of the raw materials for the plating of products such as sink faucets and shower column set. 300 Série en acier inoxydable avec nickel car la principale matière première est également largement utilisée dans l'industrie sanitaire. La hausse des prix du nickel devrait avoir un certain impact sur les sociétés de production.

L'Indonésie accélère l'interdiction d'exportation, Les prix du nickel montent en flèche

The Indonesian official finally confirmed that a ban on nickel ore exports will be imposed on January 1, 2020, Deux ans d'avance sur l'heure annoncée précédemment. If the ban is implemented in advance, La capacité de production en nickel-fer de l'Indonésie sera complètement incapable de digérer la production de minerai en nickel d'Indonésie, qui devrait entraîner une grave pénurie de ressources mondiales de nickel avant 2022. In the current global nickel market, there has been a narrow gap. Raise the price of nickel sharply.
In July of this year, Les rumeurs sur l'interdiction de la mine sur l'Indonésie ont été rampantes, driving nickel prices to rise sharply. Parmi eux, Le principal contrat de Shanghai Nickel Rose par 11.09% et 16.13% in July and August, respectivement. The increase of LME nickel in July and August was 14.70% et 23.57% respectivement.
Selon le Shanghai Futures Exchange, La Chine est le plus grand consommateur de nickel au monde, avec consommation de 1.14 millions de tonnes dans 2017, en comptabilité 53.4% De la consommation globale totale. En raison des ressources en nickel relativement rares en Chine et de la forte dépendance des matières premières sur les matériaux étrangers, Une grande quantité de minerai de nickel importé est requis.
Selon les données de l'administration générale des douanes, the total import volume of China’s nickel ore and concentrates in 2018 était 46,992,300 tonnes, of which Indonesia’s imports were 1,501,500 tonnes, Et les Philippines’ les importations étaient 30,082,000 tonnes, en comptabilité 31.96% et 63.86% respectivement. Si l'Indonésie implémente la mienne, China will be seriously affected and manufacturers will face further pressure from rising costs.

Stainless steel faucet is the most affected

The kitchen and bathroom industry has a large demand for metallic nickel. The largest amount is stainless steel faucet. The GB/T 35763-2017 “robinet en acier inoxydable” national standard implemented in July 2018, the units involved in the drafting include JOMOO, Huaiyi, Primy and other well-known companies. On the e-commerce platform, multiple brands of stainless steel faucets are also available.
It is understood that the stainless steel faucet mainly uses 304 stainless steel as the main raw material. The nickel content of 0.304 stainless steel is 8%-11%. The price of nickel will rise, and the price of stainless steel will rise simultaneously, pulling up the price of related finished products.
En même temps, because nickel has good corrosion resistance and ductility, it is often used in the plating surface of bathroom hardware to improve wear resistance and corrosion resistance. The nickel layer of some high-end products can be as thick as tens of microns. Donc, some sanitary ware companies that use faucets and showers as their main products often mention nickel in the column of pollutant emissions in their annual reports. Par exemple, a listed sanitary ware company has seen an increase in total nickel emissions in recent years. Dans 2017, total nickel emissions were 0.0231 tonnes, et dans 2018 it reached 0.0382 tonnes.
En outre, more and more companies have begun to produce stainless steel bathroom cabinets in recent years, and stainless steel is also used as accessories in traditional bathroom cabinets. The increase in nickel prices will bring some cost pressure to these enterprises.

Nickel prices in Indonesia have skyrocketed, and sanitaryware products have to rise in price! - News - 1

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