Chinese silicon carbide grain sand prices move down
2024-03-20 08:35:53 [Print]
BEIJING (Asian Metal) 20 Mar 24 - Despite the firm raw material prices, most producers cut prices this week due to the weak market demand. The current mainstream prices of Chinese green silicon carbide 98.5%min F240 Fe2O3 0.45%max free C 0.25%max stand at RMB13,800-14,300/t (USD1,918-1,987/t) EXW D/A 180 days, down by RMB200/t (USD14/t) from late last week. Considering the firm green silicon carbide lump prices, insiders believe that the Chinese green silicon carbide grain sand mainstream prices would stay stable in the upcoming week.
A producer in Shandong states, "Due to the weak market demand from downstream silicon carbide ceramics market and the abrasive market, most of our buyers cut their purchasing volume. And thus our sales decreased by nearly 60% from regular months when we would sell 200t a month." They quote RMB14,000/t (USD1,946/t) Inc-VAT EXW D/A 180 days for green silicon carbide 98.2%min F240 Fe2O3 0.35%max free C 0.25%max and could sell as low as RMB13,800/t (USD1,918t) for regular clients, while they insisted on RMB14,000/t (USD1.946/t) late last week. They last sold about 60t at RMB14,000/t (USD1,946/t) about 10 days ago. Despite the weak market demand, they plan to hold prices unchanged based on the firm raw material prices and anticipate that the mainstream prices of Chinese green silicon carbide grain sand would keep steady in the coming week.
The producer, with an annual production capacity of 12,000t, expects to produce about 80t in March, unchanged from February. They are holding nearly 60t in stock at present.
Another producer in Shandong discloses, "We only received two inquiries in the past two weeks, while we would have two or three inquiries per week in January. We offer RMB14,500/t (USD2,015/t) Inc-VAT EXW D/A 180 days for green silicon carbide 98.5%min F240 Fe2O3 0.45%max free C 0.25%max and could offer a counteroffer of RMB200/t (USD28/t), while we refused to sell at any prices lower than RMB14,500/t (USD2,015/t) late last week." They last sold about 10t at RMB14,500/t (USD2,015/t) to a regular client about 10 days ago. Despite the weak market demand, in light of the stable raw material prices, they prefer to hold their prices unchanged and predict that the mainstream prices of Chinese green silicon carbide would keep stable in the upcoming week."
With an annual production capacity of 12,000t, the producer predicts to produce nearly 120t this month, in line with last month. They hold about only 80t in stocks at present.
A producer in Shandong states, "Due to the weak market demand from downstream silicon carbide ceramics market and the abrasive market, most of our buyers cut their purchasing volume. And thus our sales decreased by nearly 60% from regular months when we would sell 200t a month." They quote RMB14,000/t (USD1,946/t) Inc-VAT EXW D/A 180 days for green silicon carbide 98.2%min F240 Fe2O3 0.35%max free C 0.25%max and could sell as low as RMB13,800/t (USD1,918t) for regular clients, while they insisted on RMB14,000/t (USD1.946/t) late last week. They last sold about 60t at RMB14,000/t (USD1,946/t) about 10 days ago. Despite the weak market demand, they plan to hold prices unchanged based on the firm raw material prices and anticipate that the mainstream prices of Chinese green silicon carbide grain sand would keep steady in the coming week.
The producer, with an annual production capacity of 12,000t, expects to produce about 80t in March, unchanged from February. They are holding nearly 60t in stock at present.
Another producer in Shandong discloses, "We only received two inquiries in the past two weeks, while we would have two or three inquiries per week in January. We offer RMB14,500/t (USD2,015/t) Inc-VAT EXW D/A 180 days for green silicon carbide 98.5%min F240 Fe2O3 0.45%max free C 0.25%max and could offer a counteroffer of RMB200/t (USD28/t), while we refused to sell at any prices lower than RMB14,500/t (USD2,015/t) late last week." They last sold about 10t at RMB14,500/t (USD2,015/t) to a regular client about 10 days ago. Despite the weak market demand, in light of the stable raw material prices, they prefer to hold their prices unchanged and predict that the mainstream prices of Chinese green silicon carbide would keep stable in the upcoming week."
With an annual production capacity of 12,000t, the producer predicts to produce nearly 120t this month, in line with last month. They hold about only 80t in stocks at present.
