Chinese black silicon carbide exporters hold prices stable
2023-04-05 08:52:35 [Print]
BEIJING (Asian Metal) 5 Apr 23 – Regardless of the firm domestic prices, most exporters held their prices stable in the past week considering the overseas buyers' wait-and-see attitudes. Therefore, the present mainstream export prices of Chinese black silicon carbide 88%min 0-10mm Fe2O3 3%max free C 2.6%max stand at USD950-970/t FOB China, in line with late last week. As most exporters prefer to hold stable their prices given the overseas buyers' wait-and-see attitudes, insiders forecast that the mainstream export prices of Chinese black silicon carbide would stay stable in the following week.
An exporter in Gansu quoted USD970/t Inc-VAT FOB China for black silicon carbide 90%min 0-10mm Fe2O3 2.5%max free C 2.5%max today with no counteroffer, in line with late last week. The trader disclosed, "Our last deal dated back to last Wednesday when we exported about 180t to an Indian client at around USD970/t". Despite that overseas buyers prefer to push back their purchasing plan and watch the market due to the soft prices on the market, supported by the firm domestic prices, they plan to insist on their price and believe that the prevailing export prices of Chinese black silicon carbide would stay unchanged in the upcoming week.
Based on a regular monthly trading volume of 400t, they predicted to export about 350t in April, in line with last month. They have no inventory at present.
Another trader in Dalian claimed, "We quoted USD960/t FOB China today for black silicon carbide 88%min 0-10mm Fe2O3 3%max free C 2.6%max without concessions, in line with late last week". Their last deal signed in last Friday when they sold about 280t to a European trader at around USD960/t. Although their overseas buyers hold a wait-and-see attitude and they prefer to stick with their current price considering that their domestic suppliers hold up their prices and thus they believe that the prevailing export prices of Chinese black silicon carbide would remain steady in the week to come.
The exporter, with a typical monthly trading volume of 500t, expects to sell about 400t in April, in line with March. They have no inventory at present.
An exporter in Gansu quoted USD970/t Inc-VAT FOB China for black silicon carbide 90%min 0-10mm Fe2O3 2.5%max free C 2.5%max today with no counteroffer, in line with late last week. The trader disclosed, "Our last deal dated back to last Wednesday when we exported about 180t to an Indian client at around USD970/t". Despite that overseas buyers prefer to push back their purchasing plan and watch the market due to the soft prices on the market, supported by the firm domestic prices, they plan to insist on their price and believe that the prevailing export prices of Chinese black silicon carbide would stay unchanged in the upcoming week.
Based on a regular monthly trading volume of 400t, they predicted to export about 350t in April, in line with last month. They have no inventory at present.
Another trader in Dalian claimed, "We quoted USD960/t FOB China today for black silicon carbide 88%min 0-10mm Fe2O3 3%max free C 2.6%max without concessions, in line with late last week". Their last deal signed in last Friday when they sold about 280t to a European trader at around USD960/t. Although their overseas buyers hold a wait-and-see attitude and they prefer to stick with their current price considering that their domestic suppliers hold up their prices and thus they believe that the prevailing export prices of Chinese black silicon carbide would remain steady in the week to come.
The exporter, with a typical monthly trading volume of 500t, expects to sell about 400t in April, in line with March. They have no inventory at present.
