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Home > News > Market Flash > The price of calcium carbide of Ordos company fell all the way

The price of calcium carbide of Ordos company fell all the way

ECHEMI 2019-12-12

polyester

Recently, Inner Mongolia Ordos Resources Co., Ltd. issued the 2013 semi annual report. During the reporting period, Ordos company achieved a total operating revenue of 6605892204.69 yuan, an increase of 10.64% over the same period of last year, a total profit of 524913106.46 yuan, a decrease of 17.72% over the same period of last year, a net profit of 420136461.10 yuan, a decrease of 20.16% over the same period of last year, and a net profit of 24985462.73 yuan attributable to shareholders of listed companies, a decrease of 18.65% over the same period of last year. In the first half of the year, Ordos company suffered from poor sales of ferroalloy and CALCIUM carbide in heavy chemical industry and continuous price drop. Meanwhile, the quantity and price of clean coal also fell due to the aggravation of market turbulence and contradiction between supply and demand. Ordos's main products, such as ferrosilicon and Calcium Carbide, have been falling in price. However, the company has given full play to its advantages in circular industrial chain and resource control. The company continues to focus on "management and internal skills, reducing costs and increasing benefits", and takes active actions to break through the barriers. Under particularly difficult conditions, it has made very difficult achievements. The production of main industrial products in the first half of the year is as follows: 2.1356 million tons of raw coal, 407000 tons of ferrosilicon, 116000 tons of silicomanganese, 647500 tons of calcium carbide, 4 330000 kilowatt units generating 5.35 billion kwh.

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