VIGA Faucet ٺاهيندڙ 
Nickel is one of the raw materials for the plating of products such as sink faucets and shower column set. 300 series stainless steel with nickel as the main raw material is also widely used in the sanitary industry. The rise in nickel prices is expected to have a certain impact on production companies.
Indonesia accelerates export ban, nickel prices skyrocket
The Indonesian official finally confirmed that a ban on nickel ore exports will be imposed on January 1, 2020, two years ahead of the previously announced time. If the ban is implemented in advance, Indonesia’s existing nickel-iron production capacity will be completely incapable of digesting Indonesia’s nickel ore production, which is expected to cause a serious shortage of global nickel resources before 2022. In the current global nickel market, there has been a narrow gap. Raise the price of nickel sharply.
In July of this year, rumors about the mine ban on Indonesia have been rampant, driving nickel prices to rise sharply. انهن جي وچ ۾, the main contract of Shanghai nickel rose by 11.09% ۽ 16.13% in July and August, ترتيب سان. The increase of LME nickel in July and August was 14.70% ۽ 23.57% ترتيب سان.
شنگھائي Futures Exchange جي مطابق, China is the world’s largest consumer of nickel, جي استعمال سان 1.14 ملين ٽن ۾ 2017, لاء اڪائونٽ 53.4% of total global consumption. Due to the relatively scarce nickel resources in China and the high dependence of raw materials on foreign materials, a large amount of imported nickel ore is required.
According to the data of the General Administration of Customs, the total import volume of China’s nickel ore and concentrates in 2018 اٿاري هئي 46,992,300 ٽائون, of which Indonesia’s imports were 1,501,500 ٽائون, and the Philippines’ imports were 30,082,000 ٽائون, لاء اڪائونٽ 31.96% ۽ 63.86% ترتيب سان. If Indonesia implements mine ban, China will be seriously affected and manufacturers will face further pressure from rising costs.
Stainless steel faucet is the most affected
باورچی خانه ۽ غسل خاني جي صنعت ۾ دھاتي نڪ جي وڏي گهرج آهي. The largest amount is stainless steel faucet. The GB/T 35763-2017 “stainless steel faucet” national standard implemented in July 2018, the units involved in the drafting include JOMOO, هائي, 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 بنيادي خام مال طور stainless نديم. 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.
ساڳئي وقت ۾, ڇاڪاڻ ته nickel سٺي corrosion مزاحمت ۽ ductility آهي, 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. تنهن ڪري, 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. مثال طور, a listed sanitary ware company has seen an increase in total nickel emissions in recent years. ۾ 2017, total nickel emissions were 0.0231 ٽائون, ۽ ۾ 2018 it reached 0.0382 ٽائون.
ان کان علاوه, more and more companies have begun to produce stainless steel bathroom cabinets in recent years, ۽ اسٽينلیس سٹیل پڻ استعمال ڪيو ويندو آهي لوازمات جي طور تي روايتي غسل خاني جي ڪابينا ۾. The increase in nickel prices will bring some cost pressure to these enterprises.
