Monthly Silicon Carbide Market Report Dec 2018

In December 2018, prices for Chiense black silicon carbide went down amid a stable trend.Asian Metal Copyright Smelters raised prices, but downstream clients refused to accept the price rise, so transaction prices were difficult to move up.Asian Metal Copyright In November, demand for first grade black silicon carbide in Chinese domestic market was poor and suppliers bore heavy stock pressure, so market deals were sluggish and transaction prices moved down; transaction prices for metallurgical grade silicon carbide stayed firm.Asian Metal Copyright In the month, the international market of silicon carbide saw fewer transactions as buyers in Europe and the U.Asian Metal Copyright Entering December, sulfur discharge failed to meet environmnetal requirement in Gansu and environmental inspections in Tianzhu were strict.Asian Metal Copyright Therefore, transaction prices for Chinese green silicon carbide kept steady in December 2018.Asian Metal Copyright Pet coke was banned and local companies were required to cut outputs by 50% then, leading to tight supply of silicon carbide, so transaction prices stopped dipping.Asian Metal Copyright As a result, silicon carbide supply had no obvious changes on the whole after environmental inspections became severer in Gansu.Asian Metal Copyright Smelters raised prices, but downstream clients refused to accept the price rise, so transaction prices were difficult to move up.Asian Metal Copyright In the month, the international market of silicon carbide saw fewer transactions as buyers in Europe and the U.Asian Metal Copyright In Ningxia, environmental inspections did not become stricter, so local supply was stable.Asian Metal Copyright In November, demand for first grade black silicon carbide in Chinese domestic market was poor and suppliers bore heavy stock pressure, so market deals were sluggish and transaction prices moved down; transaction prices for metallurgical grade silicon carbide stayed firm.Asian Metal Copyright As a result, silicon carbide supply had no obvious changes on the whole after environmental inspections became severer in Gansu.Asian Metal Copyright Therefore, transaction prices for Chinese green silicon carbide kept steady in December 2018.Asian Metal Copyright However, there was still a price gap in Ningxia and Gansu. In Ningxia, offers remained high with quotations for black silicon carbide 98%min natural lump being at about RMB6,600/t (USD977/t); offers in Gansu were lower with most standing at RMB6,300-6,500/t (USD933-962/t), and some producers' offers were as low as about RMB6,100/t (USD903/t). Prices for black silicon carbide 88%min 0-10mm inched down by RMB50/t (USD7.40/t) to RMB5,800-5,900/t (USD859-873/t) delivered to Tianjin port in late December.

With regard to green silicon carbide, supply was tight; pet coke prices in Xinjiang did not rise further. Green silicon carbide producers were afraid that extremely high prices would result in decreased deals.Asian Metal Copyright Entering December, sulfur discharge failed to meet environmnetal requirement in Gansu and environmental inspections in Tianzhu were strict.Asian Metal Copyright Therefore, transaction prices for Chinese green silicon carbide kept steady in December 2018.

In the month, the international market of silicon carbide saw fewer transactions as buyers in Europe and the U.S.Asian Metal Copyright However, there was still a price gap in Ningxia and Gansu.Asian Metal Copyright left the market for Christmas holiday.
.Asian Metal Copyright Green silicon carbide producers were afraid that extremely high prices would result in decreased dealsAsian Metal Copyright