Chinese black silicon carbide export market sees stable prices
2023-03-07 08:38:04 [Print]
BEIJING (Asian Metal) 7 Mar 23 – Despite the high domestic prices, given the overseas buyers wait-and-see attitudes, most exporters stuck to their prices this week. Hence, the current prevailing export prices of Chinese black silicon carbide 88%min 0-10mm Fe2O3 3%max free C 2.6%max stand at USD1,060-1,090/t FOB China, unchanged from late last week. Since most exporters intend to stabilize their prices considering the weak overseas demand, insiders believe that the prevailing export prices of Chinese black silicon carbide would keep stable in the following week.
An exporter in Dalian quoted USD1,020/t Ex-VAT FOB China for black silicon carbide 88%min 0-5mm Fe2O3 2.5%max free C 2.5%max today and made no counteroffer, on par with late last week. The trader claimed, "We just signed our last order of 80t black silicon carbide 88%min 0.5-5mm with small package last Friday at around USD1,130/t to Japan". Although their overseas buyers hold a wait-and-see attitude, in consideration of the firme domestic prices, they would insist on their price and estimate that the prevailing export prices of Chinese black silicon carbide would flatten in the upcoming week.
Based on a regular monthly trading volume of 300t, they predicted to export about 180t this month, up by almost 140t from February. They have no stock currently.
Another trader in Henan claimed, "We quoted USD1,060/t FOB China today for black silicon carbide 88%min 0-10mm Fe2O3 3.5%max free C 3%max and could make no concessions, unchanged from late last week". They concluded their last deal last Thursday when they sold about 40t to South Korea at around USD1,070/t with 20kg package. Although the overseas buyers prefer to delay their purchasing plan and watch the market, they decide to stick to their price given that their domestic suppliers refused to give disocunt and thus they predict that the prevailing export prices of Chinese black silicon carbide would keep steady in the week to come.
The exporter, with a typical monthly trading volume of 200t, expected to sell about 120t in March, unchanged MoM. They have no inventory at present.
An exporter in Dalian quoted USD1,020/t Ex-VAT FOB China for black silicon carbide 88%min 0-5mm Fe2O3 2.5%max free C 2.5%max today and made no counteroffer, on par with late last week. The trader claimed, "We just signed our last order of 80t black silicon carbide 88%min 0.5-5mm with small package last Friday at around USD1,130/t to Japan". Although their overseas buyers hold a wait-and-see attitude, in consideration of the firme domestic prices, they would insist on their price and estimate that the prevailing export prices of Chinese black silicon carbide would flatten in the upcoming week.
Based on a regular monthly trading volume of 300t, they predicted to export about 180t this month, up by almost 140t from February. They have no stock currently.
Another trader in Henan claimed, "We quoted USD1,060/t FOB China today for black silicon carbide 88%min 0-10mm Fe2O3 3.5%max free C 3%max and could make no concessions, unchanged from late last week". They concluded their last deal last Thursday when they sold about 40t to South Korea at around USD1,070/t with 20kg package. Although the overseas buyers prefer to delay their purchasing plan and watch the market, they decide to stick to their price given that their domestic suppliers refused to give disocunt and thus they predict that the prevailing export prices of Chinese black silicon carbide would keep steady in the week to come.
The exporter, with a typical monthly trading volume of 200t, expected to sell about 120t in March, unchanged MoM. They have no inventory at present.
