Energy prices boost flange prices

Energy prices boost flange prices. Some large foreign coal producing countries have rich resources, low production costs and good coal quality. For a long time, they have been an important supplement to China's adjustment of the domestic coal market. In terms of domestic consumption, imported coal accounts for about 8% of the total consumption. The international coal market is in short supply, which leads to the inversion of coal prices at home and abroad and inhibits China's coal imports. In the first quarter of this year, China's coal imports fell by 24.2% year-on-year. The gap in domestic coal demand caused by the decline in imports needs to be supplemented by the capacity of its own coal mines. The production of our flange involves thermal processing, heat treatment and other links that require a lot of energy, including the raw materials of our flange, which are also affected by energy. Since this year, the conflict between Russia and Ukraine has led to the transformation of the energy structure in western countries and the rise of energy prices. This will bring a series of chain reactions to our flange manufacturers, and energy prices will boost the price of our flange. Although we don't want the flange price to rise, there is no way. The enterprise has its own operating costs. Fortunately, we don't use coal for flange production now, so the impact of energy price fluctuations on our flange price has been much less than that of ten years ago. Ten years ago, flange production polluted the environment by relying on coal production, and now we are trying to control the flange price, It is also hoped that our flange purchasers should closely monitor the price changes in the coal market, timely adjust their flange purchasing behavior, and save costs for themselves. It is also hoped that all countries can guide the coal price to operate within a reasonable range, effectively reduce the coal cost of power enterprises, and create favorable conditions for the steady economic growth of our flange related industries by improving the coal production, supply, storage and marketing system, strengthening market expectation management, and implementing a new round of pricing mechanism.