Chinese black silicon carbide producers hold prices unchanged
2023-03-02 08:38:37 [Print]
BEIJING (Asian Metal) 2 Mar 23 – Most producers kept their prices stable this week in light of the weak market demand, despite that the increased electricity charge lead to rising production costs. Therefore, the present prevailing prices of Chinese black silicon carbide 98%min 0-10mm Fe2O3 0.6%max free C 0.2%max stand at RMB8,900-9,200/t (USD1,295-1,338/t) EXW D/A 180 days, in line with early this week. As most producers intend to firm their prices on basis of the firm production costs, insiders estimate that the prevailing prices of Chinese black silicon carbide would keep stable in the following week.
A producer in Northern China claimed, "We quoted RMB8,800/t (USD1,280/t) EXW D/A 180 days for black silicon carbide 97%min 0-10mm Fe2O3 0.6%max free C 0.3%max today and accepted no concession, in line with early this week". They signed an order of nearly 66t yesterday to a regular client from Shandong at around RMB9,100/t (USD1,323/t) Delivered with freight of almost RMB300/t (USD44/t). Although they believe the market demand remains weak, in light of the high production costs, they prefer to stick to their prices and believe that the prevailing prices of Chinese black silicon carbide would stay steady in the week to come.
The producer, with an annual production capacity of 66,000t, produced around 4,800t in February, unchanged MoM. They keep nearly 5,000t in stock at present.
Another producer in Northern China revealed that their price for black silicon carbide 98%min 0-10mm Fe2O3 0.5%max free C 0.2%max today stood at RMB8,900/t (USD1,295/t) EXW D/A 180 days and made no counteroffer, unchanged from early this week. The producer claimed, "We sold about 200t per day on average this week at about RMB8,900/t (USD1,295/t)". Despite the lifted electricity charge, they prefer to keep their prices in the current level considering the weak end market demand and predict that the prevailing prices of Chinese black silicon carbide would remain stable in the coming week.
On basis of annual production capacity of 200,000t, they had a monthly output of nearly 16,000t in February, on par with January. Currently they hold an inventory of about only 1,000t.
A producer in Northern China claimed, "We quoted RMB8,800/t (USD1,280/t) EXW D/A 180 days for black silicon carbide 97%min 0-10mm Fe2O3 0.6%max free C 0.3%max today and accepted no concession, in line with early this week". They signed an order of nearly 66t yesterday to a regular client from Shandong at around RMB9,100/t (USD1,323/t) Delivered with freight of almost RMB300/t (USD44/t). Although they believe the market demand remains weak, in light of the high production costs, they prefer to stick to their prices and believe that the prevailing prices of Chinese black silicon carbide would stay steady in the week to come.
The producer, with an annual production capacity of 66,000t, produced around 4,800t in February, unchanged MoM. They keep nearly 5,000t in stock at present.
Another producer in Northern China revealed that their price for black silicon carbide 98%min 0-10mm Fe2O3 0.5%max free C 0.2%max today stood at RMB8,900/t (USD1,295/t) EXW D/A 180 days and made no counteroffer, unchanged from early this week. The producer claimed, "We sold about 200t per day on average this week at about RMB8,900/t (USD1,295/t)". Despite the lifted electricity charge, they prefer to keep their prices in the current level considering the weak end market demand and predict that the prevailing prices of Chinese black silicon carbide would remain stable in the coming week.
On basis of annual production capacity of 200,000t, they had a monthly output of nearly 16,000t in February, on par with January. Currently they hold an inventory of about only 1,000t.
