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Green Silicon Carbide Market Analysis

Due to the decreasing market demand in the downstream industry, China's green silicon carbide market is confronted with a tough situation. Consequently, suppliers have to cut green silicon carbide price in accordance with market demand.

From: iAbrasive.comDate: 2015-01-14 08:33:16Views: 653

green silicon carbide

Due to the decreasing market demand in the downstream industry, recently, China's green silicon carbide market is confronted with a tough situation. Consequently, suppliers have to cut green silicon carbide price in accordance with specific market demand.

The monthly output of a manufacturer in Heilongjiang Province is 30 tons of green silicon carbide. The company reveals that factory price of 98.5# green silicon carbide is 28,000 Yuan per ton, which increased 500 Yuan per ton compared with last month.

"We used to smelt green silicon carbide blocks, and up till now we still have hundreds of goods in stock. Due to poor market situation for rough blocks, currently, we mainly engage in further processing business. Since there is no need for us to purchase rough blocks and the market demand is weak, I guess that green silicon carbide market situation is not likely to recover in a short time", says the manufacturer.

Recently, a green silicon carbide manufacturer in Jiangsu Province purchased 60 tons of 98.5# green silicon carbide rough blocks from Lanzhou, at a price of 6,600 Yuan per ton. On Monday, factory price of 98.5# green silicon carbide was 9,000 Yuan per ton, which declined 200 Yuan per ton compared to last month.

"Since there is no increase in the demand for abrasives, we cut the quoted price this month to stimulate sales", the manufacturer says, "It is expected that green silicon carbide market will remain stable in the days to come."

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