The Export Price of China's Second-grade Black Silicon Carbide Was Stable

After a slight and slow decline from September to October, the price stabilized in November. At present, the export prices of 88%min 0-10mm and 90%min 1-10mm of black silicon carbide in China are respectively 780-800 usd/ton and 880-900 usd/ton in China offshore, compared with last week. Foreign demand is still cool, but the domestic price of the product is stable, and it is expected that the export price of China's second grade black silicon carbide will remain weak and stable in the coming week.

"We have received only 100 tons of orders so far this month, about 25 percent less than last month," said a trader in henan province. "overseas demand is weak, and the export market accounts for more than 60 percent of products excluding taxes. He also said that at present, the company's export quotation for black silicon carbide 0-10mm of 88%min is 800 us dollars/ton undutiable China offshore, and the maximum acceptance is 20 us dollars/ton counteroffer, which is the same as last week. The latest shipment was on Wednesday, and 40 tons were exported at 795 us dollars/ton. The last order was placed on Friday, and 60 tons were sold at 790 us dollars/ton. He thinks that there is too much price competition in the export market, and the company has no advantage in the current quotation, which leads to the decline in the order volume this month. However, at present, the domestic suppliers are strongly willing to hold the price, and the domestic price is stable. Therefore, it is expected that the export price of black silicon carbide second-grade products will remain weak and stable next week. The trader's regular monthly trade volume is 300 tons, the sales volume in October is 150 tons, and the expected sales volume in November is only 120 tons, there is no inventory at present.

"Our current export quotation for 90%min 1-10mm of black silicon carbide is 900 usd/ton untaxed CNB, and the maximum acceptable counter-offer is 10 usd/ton, the same as last week. Our price is 5200 yuan/ton ex-factory tax, plus 350 transportation costs and 50 yuan/ton port miscellaneous expenses, plus profit, 890 dollars/ton is the lowest price I accept now, "said a trader in tianjin. The last two deals were this Thursday and Monday, when 80 and 120 tonnes were sold for the same $890 a tonne, he said. He also said that the company's recent two weeks from the northwest supplier of goods from the price is relatively stable, so it is expected that the next week, China's black silicon carbide export prices will continue to show a weak stable trend.

The trader's regular monthly trade volume is 1,000 tons, the sales volume in October is about 600 tons, and the sales volume in November is expected to be about 600 tons. Currently, there is no inventory.