Chengtun Mining Group Co.Ltd(600711) : under the background of the normalization of the epidemic, the ports in South Africa operate normally, and the company's goods are not overstocked in the ports in South Africa

An investor asked on the investor interaction platform: Hello, has the recent epidemic in South Africa affected the company's production and operation of cobalt materials? The raw materials needed by China kelixin depend on imports. How big is the impact? What is the current production and sales situation of kelixin in the fourth quarter? In addition, recently, the cobalt price has exceeded 50W one ton. Is the rapid rise of cobalt price more adverse than positive for the company? Because the purchase cost of raw materials increases? Please answer, thank you.

Chengtun Mining Group Co.Ltd(600711) (600711. SH) said on the investor interaction platform on January 5 that under the background of the normalization of the epidemic, the ports in South Africa operate normally, and the company's goods are not overstocked in the ports in South Africa. In terms of logistics, the logistics cycle is slightly longer than that before, but it has not been materially affected. At present, the production and operation of DRC is normal. The company released the risk by communicating with customers and shortening the pricing period. Zhuhai kelixin carried out technical transformation in the third quarter of this year, and its production and operation were normal in the fourth quarter. The production and marketing profit of cobalt products is not only affected by the price of raw materials, but also affected by other factors: processing cost, market supply and demand, logistics and so on. There are no adverse effects at present.

(Daily Economic News)

 

- Advertisment -