Chinese black silicon carbide producers hold prices stable
2023-03-22 13:37:31 [Print]
BEIJING (Asian Metal) 22 Mar 23 – Despite that the production costs remained in high position, most producers kept their prices unchanged in the past week in light of the sluggish end market. As a result, the present prevailing prices of Chinese black silicon carbide 98%min 10-30cm Fe2O3 0.6%max free C 0.2%max stand at RMB8,200-8,500/t (USD1,193-1,237/t) EXW D/A 180 days, in line with late last week. As most producers consider keeping their current prices supported by the firm production costs, market participants forecast that the prevailing prices of Chinese black silicon carbide would stay stable in the following week.
A producer in Gansu disclosed, "We offered RMB8,200/t (USD1,193/t) EXW D/A 180 days for black silicon carbide 97%min 10-30cm Fe2O3 0.5%max free C 0.3%max today and could give no discount, on par with late last week". They completed their latest deal last Friday when they sold around 66t of 97%min powder 200mesh at around RMB8,500/t (USD1,237/t). In spite of the sluggish market demand, they still decide to firm their prices in light of the high production costs and estimate 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, expects to produce around 4,800t in March, unchanged MoM. They hold about 5,000t in stock at present.
Another producer in Gansu revealed that their prices for black silicon carbide 97%min 10-30cm Fe2O3 0.5%max free C 0.3%max today stood at RMB8,200/t (USD1,193/t) EXW D/A 180 days and could accept no counteroffer, on par with late last week. The producer revealed, "We completed our last deal late last week when we sold about 200t of 97%min 0-10mm at about RMB8,500/t (USD1,237/t)". Although the production costs remain high, they decide to keep their prices steady in view of the dim end market and believe that the prevailing prices of Chinese black silicon carbide would stay stable in the coming week.
On basis of annual production capacity of 40,000t, they predict to produce around 3,000t in March, on par with February. Currently they hold an inventory of around 1,500t.
A producer in Gansu disclosed, "We offered RMB8,200/t (USD1,193/t) EXW D/A 180 days for black silicon carbide 97%min 10-30cm Fe2O3 0.5%max free C 0.3%max today and could give no discount, on par with late last week". They completed their latest deal last Friday when they sold around 66t of 97%min powder 200mesh at around RMB8,500/t (USD1,237/t). In spite of the sluggish market demand, they still decide to firm their prices in light of the high production costs and estimate 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, expects to produce around 4,800t in March, unchanged MoM. They hold about 5,000t in stock at present.
Another producer in Gansu revealed that their prices for black silicon carbide 97%min 10-30cm Fe2O3 0.5%max free C 0.3%max today stood at RMB8,200/t (USD1,193/t) EXW D/A 180 days and could accept no counteroffer, on par with late last week. The producer revealed, "We completed our last deal late last week when we sold about 200t of 97%min 0-10mm at about RMB8,500/t (USD1,237/t)". Although the production costs remain high, they decide to keep their prices steady in view of the dim end market and believe that the prevailing prices of Chinese black silicon carbide would stay stable in the coming week.
On basis of annual production capacity of 40,000t, they predict to produce around 3,000t in March, on par with February. Currently they hold an inventory of around 1,500t.
