Chinese silicon carbide export market sees better demand
2024-03-08 09:52:20 [Print]
BEIJING (Asian Metal) 8 Mar 24 - As most exporters see more inquiries from overseas buyers, the export market demand turns better since early this month. The current mainstream export prices for Chinese black silicon carbide 88%min 0-10mm Fe2O3 3%max free C 2.6%max stand at USD780-810/t FOB China, on par with early this week. As most exporters inclined to keep their prices steady, insiders hold the view that the Chinese black silicon carbide mainstream export prices would remain steady in the coming week.
A trader from Lianyungang says, "We sold about 200t in February, while we expect to sell 400t this month as most of our clients come back to the market and start to replenish their stock". They quote USD740/t Ex-VAT FOB China for black silicon carbide 88%min 0-10mm Fe2O3 3%max free C 2.6%max and refuse any concessions, unmoved from early this week. They just sold about 100t yesterday at USD740/t to a client from India. Despite the better market demand, in order to maintain sales, they prefer to hold their current price and predict that the Chinese black silicon carbide mainstream export prices would stay stable in the week to come.
On basis of a regular monthly trading volume of 400t, they predict to sell around 400t this month, compared to about 200t last month. They have no stock at the moment. They sold nearly 5,000t in 2022 and around 4,000t in 2023.
Another trader in Lianyungang states, "As most clients came back to the market, we have seen a 50% increase in inquiries in the past two weeks, and thus we expect to sell about 300t in March while we only sold 100t in February." They quote USD830/t Ex-VAT FOB China for black silicon carbide 90%min 1-10mm Fe2O3 2.5%max free C 1.8%max and refuse to any counteroffers, unchanged from early this week. They last sold about 80t at around USD830/t to a South Korea client about two days ago. Although they expect better sales this month, they plan to insist on their price for stable sales and predict that the Chinese black silicon carbide mainstream export prices would keep stable in the upcoming week.
The exporter, with a typical monthly trading volume of 300t, expects to export about 300t in March compared to about 100t last month. Currently they have no inventory. They sold about 3,000t in 2022 and sold about 4,000t in 2023.
A trader from Lianyungang says, "We sold about 200t in February, while we expect to sell 400t this month as most of our clients come back to the market and start to replenish their stock". They quote USD740/t Ex-VAT FOB China for black silicon carbide 88%min 0-10mm Fe2O3 3%max free C 2.6%max and refuse any concessions, unmoved from early this week. They just sold about 100t yesterday at USD740/t to a client from India. Despite the better market demand, in order to maintain sales, they prefer to hold their current price and predict that the Chinese black silicon carbide mainstream export prices would stay stable in the week to come.
On basis of a regular monthly trading volume of 400t, they predict to sell around 400t this month, compared to about 200t last month. They have no stock at the moment. They sold nearly 5,000t in 2022 and around 4,000t in 2023.
Another trader in Lianyungang states, "As most clients came back to the market, we have seen a 50% increase in inquiries in the past two weeks, and thus we expect to sell about 300t in March while we only sold 100t in February." They quote USD830/t Ex-VAT FOB China for black silicon carbide 90%min 1-10mm Fe2O3 2.5%max free C 1.8%max and refuse to any counteroffers, unchanged from early this week. They last sold about 80t at around USD830/t to a South Korea client about two days ago. Although they expect better sales this month, they plan to insist on their price for stable sales and predict that the Chinese black silicon carbide mainstream export prices would keep stable in the upcoming week.
The exporter, with a typical monthly trading volume of 300t, expects to export about 300t in March compared to about 100t last month. Currently they have no inventory. They sold about 3,000t in 2022 and sold about 4,000t in 2023.
