CERAMITEC 2018: Economic factors weigh on kaolin producers’ margins
Published: Monday, 16 April 2018
Kaolin producers speaking at the Ceramitec 2018 conference outlined the cost pressures facing the upstream end of the market while consumers and retailers fight back against price increases in raw materials.
European kaolin producers are under pressure from increasing
costs for human resources, coupled with inflation and currency
devaluations in key kaolin-producing areas, with the result
that profit margins are being squeezed.
"Unemployment in the Czech Republic is at its lowest rate -
only 2.7% - so getting new employees [whose...