Chinese spherical graphite prices steady
2023-03-24 08:29:39 [Print]
BEIJING (Asian Metal) 24 Mar 23 - Though most producers have no inventory pressure now, they hold their prices unmoved today to maintain sales. The current mainstream prices of Chinese spherical graphite C 99.95%min, TAP 0.95-1g/cm3, SSA 7-8m2/g D50 17 μm max stand stable at RMB18,000-20,000/t (USD2626-2918/t) EXW D/A 180 days from last Friday. As most producers have no inventory pressure while the demand remains soft, insiders predict that the mainstream prices of Chinese spherical graphite would keep flat in the following week.
A producer from Qingdao disclosed, "We kept the offer for spherical graphite C 99.95%min, TAP 0.95-1g/cm3, SSA 7-8m2/g, D50 17μm max unchanged at RMB18,500/t (USD2699/t) EXW D/A 180 days and consider no counteroffer since early this week", adding that they last sold around 50t at such price about ten days ago. Though they hold few inventories now, they prefer to keep their price to guarantee stable sales and believe that the mainstream prices of Chinese spherical graphite C 99.95%min would remain stable in the coming week.
With a production capacity of 15,000tpy, they expect to produce about 600t in March, compared with nearly 500t last month. They have an inventory of around 100t now.
"We held our offer for spherical graphite C 99.95%min, TAP 0.95-1g/cm3, SSA 7-8m2/g, D50 17μm max unchanged at RMB18,000/t (USD2626/t) EXW D/A 180 days with no concession from early this week", said another producer from Jixi. They offered RMB18,000/t (USD2626/t) to a client who wanted to purchase 20t early this week and they believe that they would close the deal at such price at the end of this month. They last sold about 30t early this month at such price. The producer intends to keep their price stable this week to keep smooth sales and predict that the mainstream prices of Chinese spherical graphite C 99.95%min would stay steady in the coming week.
Based on a production capacity of 7,200tpy, the producer halted production in December, 2022 due to the low temperature and expects to resume in early April. They hold approximately 600t of stocks at present.
A producer from Qingdao disclosed, "We kept the offer for spherical graphite C 99.95%min, TAP 0.95-1g/cm3, SSA 7-8m2/g, D50 17μm max unchanged at RMB18,500/t (USD2699/t) EXW D/A 180 days and consider no counteroffer since early this week", adding that they last sold around 50t at such price about ten days ago. Though they hold few inventories now, they prefer to keep their price to guarantee stable sales and believe that the mainstream prices of Chinese spherical graphite C 99.95%min would remain stable in the coming week.
With a production capacity of 15,000tpy, they expect to produce about 600t in March, compared with nearly 500t last month. They have an inventory of around 100t now.
"We held our offer for spherical graphite C 99.95%min, TAP 0.95-1g/cm3, SSA 7-8m2/g, D50 17μm max unchanged at RMB18,000/t (USD2626/t) EXW D/A 180 days with no concession from early this week", said another producer from Jixi. They offered RMB18,000/t (USD2626/t) to a client who wanted to purchase 20t early this week and they believe that they would close the deal at such price at the end of this month. They last sold about 30t early this month at such price. The producer intends to keep their price stable this week to keep smooth sales and predict that the mainstream prices of Chinese spherical graphite C 99.95%min would stay steady in the coming week.
Based on a production capacity of 7,200tpy, the producer halted production in December, 2022 due to the low temperature and expects to resume in early April. They hold approximately 600t of stocks at present.
