Some domestic strontium carbonate producers will be beaten out.(Inorganics)

From: China Chemical Reporter | Date: April 6, 2008| Author: | Copyright information

1 Surplus capacity and decreasing profit in 2007

With negative impacts from the recession of the color TV picture tube production and the elimination of the export rebate, China's strontium carbonate manufacturing sector suffered from oversupply in 2007. Many domestic producers cut their operation rates or shifted to producing other chemicals in order to deal with the slack demand, but the price of strontium carbonate still dropped from around RMB4 200 per ton at the beginning of 2007 to around RMB3 200 per ton at the end of the year. As the requirements for saving energy and ...

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