Tianzhu Kanghong resumes black silicon carbide production
2024-04-22 08:32:05 [Print]
BEIJING (Asian Metal) 22 Apr 24 – As a black silicon carbide producer in Gansu, Tianzhu Kanghong Silicon Carbide Co., Ltd., resumed their black silicon carbide production about two weeks ago, expecting to produce around 400t this month.
"Due to the weak downstream market demand and fierce market competition, we postponed production after the Spring Festival holiday and resumed production in early April as the market prices move up", an insider in the company revealed, adding that they expect to produce about 1,500t in May.
Currently they have an annual production capacity of 30,000t, and produced about 14,000t last year. Given the current market situation, they predict to produced around 12,000t in 2024. They hold about 200t in stock at present.
The current mainstream prices of black silicon carbide 98%min 10-30cm Fe2O3 0.5%max free C 0.2%max stand at RMB6,100/t (USD847/t) EXW D/A 180 days in Gansu, unchanged from early this week. Despite that the market saw weak market demand, supported by the firm costs, insiders hold the opinion that the mainstream prices of Chinese black silicon carbide would keep stable in the upcoming week.
"Due to the weak downstream market demand and fierce market competition, we postponed production after the Spring Festival holiday and resumed production in early April as the market prices move up", an insider in the company revealed, adding that they expect to produce about 1,500t in May.
Currently they have an annual production capacity of 30,000t, and produced about 14,000t last year. Given the current market situation, they predict to produced around 12,000t in 2024. They hold about 200t in stock at present.
The current mainstream prices of black silicon carbide 98%min 10-30cm Fe2O3 0.5%max free C 0.2%max stand at RMB6,100/t (USD847/t) EXW D/A 180 days in Gansu, unchanged from early this week. Despite that the market saw weak market demand, supported by the firm costs, insiders hold the opinion that the mainstream prices of Chinese black silicon carbide would keep stable in the upcoming week.
