The price trend of calcium silicon cored wire in China is affected by many factors, including price fluctuations in the raw material market, changes in downstream demand, and the overall economic environment. The following is a detailed analysis of the price trend of calcium silicon cored wire:
1.Overview of price trend
In recent years, the price of calcium silicon cored wire has shown a certain volatility, but the overall trend is relatively stable. There are differences in the prices of calcium silicon cored wires of different specifications, and the prices are also affected by the market supply and demand relationship.
2.Specific price trend
In the first half of 2024
The price of raw calcium silicon alloy is chaotic and stable, and the price of cold-rolled strip steel fluctuates downward, resulting in a weak and stable price trend of calcium silicon cored wire.
For example, the mainstream transaction price of national standard calcium silicon CA1 is between 11600-11800 yuan/ton including tax; the mainstream market quotation of calcium silicon cored wire CA30SI60∮13mm is between 10400-10700 yuan/ton; the mainstream market quotation of CA28SI55∮13mm is between 9300-9700 yuan/ton (cash price including tax).
Mid-2024
The price of calcium silicon cored wire continues to be relatively stable, mainly due to the relatively stable trend of the raw material market.
For example, the mainstream market quotation of calcium silicon CA30SI60 is 10800-11000 yuan/ton ex-factory; the mainstream market quotation of calcium silicon cored wire CA30SI60∮13mm is between 10500-10800 yuan/ton; the mainstream market quotation of CA28SI55∮13mm is between 9300-9800 yuan/ton (cash price including tax).
In the second half of 2024, the price of calcium silicon cored wire is relatively stable, and the main raw materials, cold-rolled strip steel and calcium silicon powder, fluctuate little. For example, the mainstream market quotation of calcium silicon cored wire ca30si58∮13mm is between 10,000-10,300 yuan/ton; the mainstream market quotation of ca28si55∮13mm is between 8,900-9,300 yuan/ton (acceptance price including tax).
3.Factors affecting price trends
Price fluctuations in the raw material market: The main raw materials of calcium silicon cored wire include calcium silicon alloy and cold-rolled strip steel, etc. The price fluctuations of these raw materials directly affect the production cost and price trend of calcium silicon cored wire.
Changes in downstream demand: Changes in demand for calcium silicon cored wire by downstream users such as steel companies will also affect its price. For example, when the demand of steel companies is reduced, the price support of calcium silicon cored wire is insufficient, which may lead to a price drop.
Overall economic environment: Changes in the macroeconomic environment will also have an impact on the price of calcium silicon cored wire. For example, economic slowdown or recession may lead to reduced downstream demand, which in turn affects the price of calcium silicon cored wire.
In the future, the price trend of calcium silicon cored wire will continue to be affected by a variety of factors such as price fluctuations in the raw material market, changes in downstream demand, and the overall economic environment. Due to the uncertainty of these factors, it is difficult to accurately predict the future price trend of calcium silicon cored wire.
But in general, if raw material prices remain stable or rise slightly, and downstream demand improves, the price of calcium silicon cored wire is also expected to remain stable or rise slightly. Conversely, if raw material prices fall or downstream demand continues to be sluggish, the price of calcium silicon cored wire may face downward pressure.