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The Company Sales Increase Again Against the Weak Demand in the First Half of This Year
Since the beginning of 2014, the prices of tungsten raw materials was kept going down, the market situation is at the murky condition no matter in domestic market or overseas market, the demand is very weak. The whole industry seems to be in the cold winter.
Facing the serious market situation, the company makes every effort to innovate sales model and develop new sales channels, in the meantime, the company delivers new product items to the market in order to get new opportunity and more market shares.
In the first half of 2015, main products sales increased again compared with the same period last year, on the basis of that the sales of 2014 increased sharply against the sales of 2013.
Tungsten metal powders and carbide powders sales quantities reached up to more than 200 metric tons each month in the latest three months. The sales hits the historical high. Till the end of June, the sales quantities is 65.73% of this year’ planned sales, also is 27.88% higher than the sales of the same period of last year.
Cemented carbides sales quantity is 3.78% higher than the sales of the same period of last year.
Precision tools sales quantity is 51.56% of this year’ planned sales, and 45.76% higher than the sales of the same period of last year, it also hit the historical high.
Nanchang Cemented Carbide
Limited Liability Company