Chaori Technology's bonded magnetic powder output to climb
2024-03-15 10:39:40 [Print]
BEIJING (Asian Metal) 15 Mar 24 - Yiwu Chaori Technology Co., one of the major bonded magnetic powder producers in China, estimated to produce around 30t of bonded magnetic powder in March 2024, an increase of about 28t MoM.
"We succeeded in receiving more orders from clients the past two weeks, so we would produce about 30t of bonded magnetic powder this month, compared with only around two tons last month," said a source from the company.
With an annual production capacity of 1,000t of bonded magnetic powder, Yiwu Chaori Technology Co. mainly produces and sells bonded magnetic powder with (BH) max performance lower than 13.0 MGOe. It's outputs in 2023 and so far in 2024 recorded approximately 150t and 50t respectively. It holds an inventory of around 10t now, without much change MoM.
The current mainstream prices of bonded magnetic powder B-10.5M in Jinhua, Zhejiang province hovered at RMB90-95/kg (USD12.5-13.2/kg) EXW T/T 60 days, in line with early this week.
"We succeeded in receiving more orders from clients the past two weeks, so we would produce about 30t of bonded magnetic powder this month, compared with only around two tons last month," said a source from the company.
With an annual production capacity of 1,000t of bonded magnetic powder, Yiwu Chaori Technology Co. mainly produces and sells bonded magnetic powder with (BH) max performance lower than 13.0 MGOe. It's outputs in 2023 and so far in 2024 recorded approximately 150t and 50t respectively. It holds an inventory of around 10t now, without much change MoM.
The current mainstream prices of bonded magnetic powder B-10.5M in Jinhua, Zhejiang province hovered at RMB90-95/kg (USD12.5-13.2/kg) EXW T/T 60 days, in line with early this week.
