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According to CNNMoney, a financial website under CNN, Mid Continent Nail, the largest nail producer in the US, is continuously laying off employees to cope with the rising costs caused by Trump's steel tariffs. If this situation continues, the company may be forced to shut down before the end of September.
Today, the domestic citric acid market continues to be weak, with the mainstream ex-factory price of citric acid monohydrate at 4700-4800 yuan/ton, and the mainstream ex-factory price of anhydrous citric acid at 5000-5300 yuan/ton. Prices for large direct users are slightly lower. The mainstream ex-factory price of sodium citrate is concentrated at 5300-5400 yuan/ton. Due to the generally low shipment volume from enterprises recently, inventories are showing an increasing trend. It is expected that the market price will still slightly decrease in the future.
When the epidemic struck, state-owned enterprises resolutely implemented the decisions and deployments of the Party Central Committee and the State Council, effectively fulfilling their political, economic, and social responsibilities. They bravely shouldered heavy burdens, fought bravely, and focused on both epidemic prevention and control and the resumption of work and production. At critical moments, they played a key role, demonstrating to the world the strength, spirit, and efficiency of China.
Contact Information
Company Name: Ningxia Qiyan New Materials Co., Ltd
Address: Room C7, 14th Floor, Section B, Yinchuan International Trade Center, Xingqing District, Yinchuan City, Ningxia, China
Tel:0086-013909510736
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