Ningxia Binhe increases black silicon carbide output
2020-11-20 08:44:15 [Print]
BEIJING (Asian Metal) 20 Nov 20 - Located in Ningxia, Pingluo Binhe Silicon Carbide Products Co., the biggest black silicon carbide producer in China, increased production by over 30% from October with an output of around 11,000t last month, which would rise to around 15,000t in November, a source from the company reported to Asian Metal.
"We updated one of our furnaces in the past three months and since early this month we could run full production capacity. We plan to produce around 15,000t this month, up by around 4,000t from last month," the source revealed, adding that due to the resuming demand and increased prices of raw material anthracite coal, they raised the price in the past week. Considering the prices of raw material would go up further and the supply would become tighter, they plan to further lift the price and forecast the prices of Chinese black silicon carbide would move up in the coming week.
On basis of three furnaces and a production capacity of 180,000tpy, the company expects to produce around 15,000t in November, compared to around 11,000t in October. They are holding around 4,000t of stocks, while they had around 10,000t of stocks one month ago. Their production volume reached around 130,000t in 2019 and around 110,000t in the first 10 months this year.
Currently, the mainstream prices of Chinese black silicon carbide 98%min natural lump stay at RMB5,300-5,500/t (USD805-835/t) Inc-VAT EXW D/A 180 days, up by RMB150/t (USD23/t) from late last week.
"We updated one of our furnaces in the past three months and since early this month we could run full production capacity. We plan to produce around 15,000t this month, up by around 4,000t from last month," the source revealed, adding that due to the resuming demand and increased prices of raw material anthracite coal, they raised the price in the past week. Considering the prices of raw material would go up further and the supply would become tighter, they plan to further lift the price and forecast the prices of Chinese black silicon carbide would move up in the coming week.
On basis of three furnaces and a production capacity of 180,000tpy, the company expects to produce around 15,000t in November, compared to around 11,000t in October. They are holding around 4,000t of stocks, while they had around 10,000t of stocks one month ago. Their production volume reached around 130,000t in 2019 and around 110,000t in the first 10 months this year.
Currently, the mainstream prices of Chinese black silicon carbide 98%min natural lump stay at RMB5,300-5,500/t (USD805-835/t) Inc-VAT EXW D/A 180 days, up by RMB150/t (USD23/t) from late last week.
Silicon Carbide Black 88%min 0-10mm In warehouse Rotterdam
Unit:EUR/mt
China black silicon carbide producers' inventory to production ratio statistics by province by month
Unit: %
