Market Analysis of Silicon Carbide in June 2016

In June, refractories commodity market remained slow, like the first half of this year. In the "Mid-year" - a special time node, production enterprises mostly adjust their sales and make new expectations this year. The downstream demand may continue to remain stable, awaiting their time. The market prices of silicon carbide last month are as follows:

In Ningxia, the factory price including tax of 98 black silicon carbide is around 4900-5100 yuan/ton, 97 black silicon carbide around 4800-5000 yuan/ton, and 88-90 black silicon carbide around 3600-4000 yuan/ton. The market prices are flat over the same period of last month.

At present, the operating rate of overall market is still not very high, and many manufacturers hesitate to cooperate with new customers that they don’t know well. Some end customers borrow money on security and reduce the prices, which make enterprises’ capital turnover difficult. Most enterprises choose to maintain the production and sell at a malicious price. And the current quotation has been close to the bottom for most enterprises. The future market will face a bigger challenge, and manufacturers shall be fully prepared to meet new challenges.

If you are interested in great quality silicon carbide with competitive prices, pleae make further contacts with the following two silicon carbide manufacturers: Qinyang Sanhui Refractory Material Co.,Ltd. and Yichuan Dongfeng Abrasives Co.,Ltd.