Chinese black silicon carbide grain sand producers cut prices

BEIJING (Asian Metal) 9 Mar 23 - Despite the high production costs, given the weak market demand and the reduced black silicon carbide lump prices, most processing plants cut their prices this week to boost sales.Asian Metal Copyright Now they have stocks of almost 400t.Asian Metal Copyright Therefore, the current mainstream prices of Chinese black silicon carbide 98%min F16-100 Fe2O3 0.Asian Metal Copyright Another producer in Shandong kept the quotation for black silicon carbide 98%min F16-100 Fe2O3 0.Asian Metal Copyright6%max free C 0.2%max stand at RMB10,500-10,800/t (USD1,510-1,553/t) EXW D/A 180 days, down by RMB200/t (USD28/t) from early this week.Asian Metal Copyright Despite the weak downstream demand, their lump suppliers refused to cut prices further.Asian Metal Copyright As most processing plant still intend to keep their prices firm, insiders predict that the prevailing prices of Chinese black silicon carbide grain sand would stay unchanged in the coming week.

A producer in Jiangsu held their prices for black silicon carbide 98%min F16-100 Fe2O3 0.6%max free C 0.2%max at RMB10,600/t (USD1,524/t) EXW D/A 180 days today with no discount, down by RMB200/t (USD28/t) from early this week. "We just bought black silicon carbide lump from Gansu at around RMB8,200/t (USD1,180/t) today, same as the price before the Spring Festival", the producer revealed, adding that they last sold around 120t at RMB10,600/t (USD1,524/t) yesterday.Asian Metal Copyright As most processing plant still intend to keep their prices firm, insiders predict that the prevailing prices of Chinese black silicon carbide grain sand would stay unchanged in the coming week.Asian Metal Copyright Despite the weak downstream demand, their lump suppliers refused to cut prices further.Asian Metal Copyright Now they have stocks of almost 400t.Asian Metal Copyright Therefore, they intend to keep their prices firm and believe that the mainstream prices of Chinese black silicon carbide 98%min F16-100 would keep steady in the coming week.

Based on a production capacity of 15,000tpy, they predict to produce about 800t in March, unchanged from last month. Now they have stocks of almost 400t.

Another producer in Shandong kept the quotation for black silicon carbide 98%min F16-100 Fe2O3 0.6%max free C 0.2%max at RMB10,500/t (USD1,510/t) EXW D/A 180 days, while they refused to sell at any prices lower than RMB10,700/t (USD1,538/t) early this week. They completed no order so far this week and last sold around 80t at RMB10,700/t (USD1,538/t) late last week. "We just purchased about 200t of black silicon lump yesterday at about RMB8,500/t (USD1,222/t) Delivered with a freight of nearly RMB350/t (USD50/t)", the producer claimed.Asian Metal Copyright As most processing plant still intend to keep their prices firm, insiders predict that the prevailing prices of Chinese black silicon carbide grain sand would stay unchanged in the coming week.Asian Metal Copyright Despite that most of their clients hold a wait-and-see attitude, they have no intention to lower the prices further based on the firm lump prices and they predict that the prevailing prices of Chinese black silicon carbide grain sand would stay unchanged in the coming week.

With a production capacity of 10,000tpy, they plan to produce about 600t in March, in line with February. Presently they have an inventory of nearly 300t.

.Asian Metal Copyright Presently they have an inventory of nearly 300tAsian Metal Copyright