Chinese calcium-silicon export prices down slightly
2016-01-20 08:48:09 [Print]
BEIJING (Asian Metal) 20 Jan 16 - Sources reported that Chinese calcium-silicon export market sees sliding prices. Currently, prices for calcium-silicon 55-30 are at USD1,490-1,540/t FOB China, with a decrease of USD10/t from that of two weeks ago. As the depreciation of RMB, exporters lower prices accordingly. Meanwhile, overseas buyers just make purchases for immediate use and exporters mainly arrange delivery according orders signed in the first half month, it’s assumed that the prices will remain relatively stable in the coming week.
An exporter in Shaanxi stated that Chinese calcium-silicon prices go down slightly. This week, their prices for the material are around USD1,530/t FOB China through Shanghai port, with a fall of USD20/t from that of early this month. “We mainly arrange delivery this week as the most domestic consumers have finished purchasing plan before Spring Festival holiday and overseas buyers just adopt hand-to-mouth purchasing strategy,” said the source. He confirmed that they reduce the prices along with depreciation of RMB and consumers’ fierce bargaining .
With an annual production capacity of 3,500t, they plan to produce at full capacity this month, unchanged from that of December, holding no stocks at hand now.
An exporter in Henan reported that Chinese calcium-silicon export market sees dropping prices. This week, he signed about 2 containers of the material at USD1,500/t FOB China through Shanghai port, down by USD30/t from that of two weeks ago. “As the Spring Festival is coming and we already have booked about 200t this month, we want to finish the delivery by the end of this month,” said the source. He mentioned that it’s hard to sell the material at above USD1,530/t FOB China as the depreciation of RMB and fierce competition between exporters.
With regular monthly export volume of 300t, they sold about 200t in December, and have achieved deals of 200t, holding no stocks at the moment.
An exporter in Shaanxi stated that Chinese calcium-silicon prices go down slightly. This week, their prices for the material are around USD1,530/t FOB China through Shanghai port, with a fall of USD20/t from that of early this month. “We mainly arrange delivery this week as the most domestic consumers have finished purchasing plan before Spring Festival holiday and overseas buyers just adopt hand-to-mouth purchasing strategy,” said the source. He confirmed that they reduce the prices along with depreciation of RMB and consumers’ fierce bargaining .
With an annual production capacity of 3,500t, they plan to produce at full capacity this month, unchanged from that of December, holding no stocks at hand now.
An exporter in Henan reported that Chinese calcium-silicon export market sees dropping prices. This week, he signed about 2 containers of the material at USD1,500/t FOB China through Shanghai port, down by USD30/t from that of two weeks ago. “As the Spring Festival is coming and we already have booked about 200t this month, we want to finish the delivery by the end of this month,” said the source. He mentioned that it’s hard to sell the material at above USD1,530/t FOB China as the depreciation of RMB and fierce competition between exporters.
With regular monthly export volume of 300t, they sold about 200t in December, and have achieved deals of 200t, holding no stocks at the moment.
Calcium-silicon 28-55 EXW China
Unit:RMB/mt
China calcium-silicon producers' inventory to production ratio statistics by province by month
Unit: %
