Chinese black silicon carbide producers cut prices

BEIJING (Asian Metal) 28 Mar 23 – Although the production costs remained firm, most producers cut their prices in the past week to boost sales in light of the sluggish end market.Asian Metal Copyright2%max today and could give a concession as much as RMB100t USD14t, down by RMB200t USD29t from late last week".Asian Metal Copyright Therefore, the present prevailing prices of Chinese black silicon carbide 98%min 10-30cm Fe2O3 0.Asian Metal Copyright Although the market demand still stay sluggish, they determined to keep their prices unchanged in view of the firm production costs and estimate that the prevailing prices of Chinese black silicon carbide would keep stable in the coming week.Asian Metal Copyright6%max free C 0.2%max stand at RMB8,000-8,300/t (USD1,163-1,206/t) EXW D/A 180 days, down by RMB200/t (USD29/t) from late last week.Asian Metal Copyright They hold about 4,000t in stock presently.Asian Metal Copyright As most producers intend to keep their current prices encouraged by the high production costs, market participants believe that the prevailing prices of Chinese black silicon carbide would stay stable in the following week.

A producer in Gansu disclosed, "We offered RMB8,100/t (USD1,177/t) EXW D/A 180 days for black silicon carbide 98%min 10-30cm Fe2O3 0.5%max free C 0.2%max today and could give a concession as much as RMB100/t (USD14/t), down by RMB200/t (USD29/t) from late last week". They just completed a deal today when they sold around 100t to a regular client from Shandong at around RMB8,000/t (USD1,177/t).Asian Metal Copyright3%max today stood at RMB7,900t USD1,149t EXW DA 180 days and could give no discount, down by RMB200t USD29t from late last week.Asian Metal Copyright In spite of the sluggish market demand, they still decide to firm their prices based on the high production costs and hold the belief that the prevailing prices of Chinese black silicon carbide would keep steady in the week to come.

The producer, with an annual production capacity of 74,000t, expects to produce around 4,000t in March, unchanged MoM. They hold about 4,000t in stock presently.

Another producer in Gansu revealed that their prices for black silicon carbide 97%min 10-30cm Fe2O3 0.5%max free C 0.3%max today stood at RMB7,900/t (USD1,149/t) EXW D/A 180 days and could give no discount, down by RMB200/t (USD29/t) from late last week. The producer revealed, "We just sold two trucks of products about 66t of 97%min 0-50mm today at about RMB8,000/t (USD1,163/t)".Asian Metal Copyright A producer in Gansu disclosed, "We offered RMB8,100t USD1,177t EXW DA 180 days for black silicon carbide 98%min 10-30cm Fe2O3 0.Asian Metal Copyright Although the market demand still stay sluggish, they determined to keep their prices unchanged in view of the firm production costs and estimate that the prevailing prices of Chinese black silicon carbide would keep stable in the coming week.

On basis of annual production capacity of 15,000t, they have no output in March due to production suspension and predict to have about 1,000t of output in April. Currently they hold an inventory of around 200t.


.Asian Metal CopyrightBEIJING Asian Metal 28 Mar 23 – Although the production costs remained firm, most producers cut their prices in the past week to boost sales in light of the sluggish end marketAsian Metal Copyright