Chinese green silicon carbide exporters expect prices decline
2023-03-31 08:52:00 [Print]
BEIJING (Asian Metal) 31 Mar 23 – Although most exporters held their prices unchanged this week, in light of the decreased domestic prices and the weak market demand, they predict that the export prices of Chinese green silicon carbide grain sand would decline in the coming week. At present, the mainstream export prices of Chinese green silicon carbide 98%min F240 Fe2O3 0.5%max free C 0.3%max stay at USD3,300-3,400/t Inc-vat FOB China, in line with early this week.
A trader from Dalian revealed, "We currently quoted USD3,350/t Inc-vat FOB China for green silicon carbide 98%min F240 Fe2O3 0.5%max free C 0.3%max at with no concessions, unchanged from early this week. We last sold 20t at USD3,350/t Inc-vat FOB China in mid-March to Japan", adding that given the decreased green silicon carbide lump prices and the dim end market, they would cut their prices next week to maintain sales and predict that the export prices of green silicon carbide grain sand would witness decline in the following week.
With a regular monthly trading volume around 200t, they expected to export about 120t in March, up by nearly 20t MoM. They hold no stock at the moment.
A producer in Shandong offers USD3,380/t Inc-vat FOB China for green silicon carbide 98%min F240 Fe2O3 0.5%max free C 0.3%max with no concessions now, in line with early this week. He disclosed, "We last sold about 40t at USD3,380/t Inc-vat FOB China in mid-March to a regular client from Japan". Considering that the green silicon carbide lump producers cut their prices, they would consider to lowering their prices next week and believe that the mainstream export prices of green silicon carbide grain sand would go down in the upcoming week.
The producer has an annual production capacity of 5,000t of green silicon carbide grain sand and micro powder, they exported about 200t in March, unchanged MoM. They hold about 150t in stocks at present.
A trader from Dalian revealed, "We currently quoted USD3,350/t Inc-vat FOB China for green silicon carbide 98%min F240 Fe2O3 0.5%max free C 0.3%max at with no concessions, unchanged from early this week. We last sold 20t at USD3,350/t Inc-vat FOB China in mid-March to Japan", adding that given the decreased green silicon carbide lump prices and the dim end market, they would cut their prices next week to maintain sales and predict that the export prices of green silicon carbide grain sand would witness decline in the following week.
With a regular monthly trading volume around 200t, they expected to export about 120t in March, up by nearly 20t MoM. They hold no stock at the moment.
A producer in Shandong offers USD3,380/t Inc-vat FOB China for green silicon carbide 98%min F240 Fe2O3 0.5%max free C 0.3%max with no concessions now, in line with early this week. He disclosed, "We last sold about 40t at USD3,380/t Inc-vat FOB China in mid-March to a regular client from Japan". Considering that the green silicon carbide lump producers cut their prices, they would consider to lowering their prices next week and believe that the mainstream export prices of green silicon carbide grain sand would go down in the upcoming week.
The producer has an annual production capacity of 5,000t of green silicon carbide grain sand and micro powder, they exported about 200t in March, unchanged MoM. They hold about 150t in stocks at present.
