Market Analysis of Silicon Carbide in January

Earlier last month, the factory price including tax of 98 black silicon carbide is 5000-5200 RMB/ton in Gansu region, but the factory price including tax of 97 black silicon carbide is 4800-5000 RMB/ton. The overall market prices have dropped about 100-200 RMB/ton; The factory price including tax of 90 Black silicon carbide is 3800-4000 RMB/ton, whose price decreased by 50-100 RMB/ton.

According to the survey, the current market price of silicon carbide is in a clutter, and the price adjustment is because of the "inventory". There is a decline in market demand and a tight budget before Spring Festival. In order to increase the intensity of payment collection, manufacturing enterprises have to reduce their own profit space, to achieve successful trading as soon as possible. If you need good quality silicon carbide, please click Qinyang Sanhui Refractory Material Co.,Ltd. for further contacts, which can supply high quality SiC with competitive price.

On the eve of Spring Festival, most of production enterprises have reduced the production and have been processed inventory. Some enterprises with inventory also catch the last time to make sales promotion, in order to stimulate purchasers' purchasing desire. However, buyers continue to bargain in the process of purchasing and there is also funds shortage contradiction between enterprises, which makes the overall market trade flat.

Recently, 20 production enterprises of silicon carbide in Gansu have been investigated. At present, 11 of production enterprises have stopped the production, and the rest of enterprises are manufacturing-according-to-sale. It is reported that countries might clean out some production equipment by the difference of electricity prices, so some small and medium enterprises also need to make good preparation. More new production plans of production enterprises are not made, and they only keep the production to maintain old customers. Now most companies also start to have a holiday, so the purchase demand will continue to decrease, which is expected that the overall sic market may remain weak recently.