Chinese Black Silicon Carbide Processing Products Prices Fell

As the original block price has dropped about 200 yuan/ton in the last month, the mainstream transaction prices of black silicon carbide 98%min segment sand and particle sand are 6,600-6,800 yuan/ton and 8,000-8,200 yuan/ton respectively, which are accepted 6 months after delivery, down 50 yuan/ton and 100 yuan/ton respectively compared with the beginning of last week. As the main raw material of black silicon carbide anthracite prices firm, industry insiders believe that China's black silicon carbide processing prices will remain stable in the next week.

"The lowest price I have received from suppliers for black silicon carbide 98%min section sand is 6,800 yuan/ton for six months acceptance, down about 50 yuan/ton from a week ago," said a consumer in ningxia, who bought 100 tons for 6,800 yuan/ton on Wednesday, compared with 6,850 yuan/ton at the start of last week for the same 100 tons. Near the Spring Festival, he said, most companies need to repatriate funds, weak market demand, lead to the original piece prices fall since the end of October 200 yuan/ton, make processed products with lower price, but the price of ningxia local anthracite is stable over 1700 yuan/ton, black silicon carbide the original cost of market strength, therefore is expected in the coming week, China black silicon carbide raw blocks and processed products prices will remain stable.

The consumer has an annual consumption capacity of 30,000 tons, with consumption of about 18,000 tons in 2018 and about 10,000 tons in january-october 2019. Consumption is expected to be 1,000 tons in November, unchanged from October, and stocks are now close to 100 tons.

A producer in shandong province said it was offering a price of 8,300 yuan/ton for 98 percent min of black silicon carbide sand at six months 'acceptance and a maximum of 100 yuan/ton for counter-offer, down 100 yuan/ton from the base price at the beginning of last week. He revealed that he had received the notice from the supplier to reduce the original block price at the end of October and twice last week, both by 100 yuan/ton. Last week, the inventory of the original block was exhausted and 200 tons of the original block was purchased at the new price, so the grain size sand price was lowered this week. He added that the company expects to sell 200 tonnes in November, about 100 tonnes less than it expected at the start of the month, and that one customer delayed a 40-tonne order until December because of a bearish view on this month's price movements. They recently sold 40 tons of the product at 8,200 yuan per ton on Wednesday, compared with 20 tons at 8,300 yuan per ton early last week. He said he expects Chinese black sic sand prices to stabilize in the coming week as demand is weak but the fall in market prices has materialized, while production costs are firm and suppliers do not plan to lower prices this month. The producer has an annual capacity of 5,000 tons and will complete production of about 3,000 tons in 2018 and about 2,000 tons in january-october 2019. Production is expected to be 200 tonnes in November, unchanged from October, and stocks are now about 30 tonnes.