China’s ferroalloy market will be weak in October 2023. On the one hand, domestic steel mills have significantly reduced production, causing demand to shrink again. On the other hand, the price trend of raw materials is unstable, making downstream purchases more cautious. Therefore, the price of inoculants is mostly in decline.
The Price of Calcium Silicon
The mainstream transaction price of Ca30Si60 market in Shaanxi is 12100-12300 yuan/ton, the market transaction price in Ningxia is 12100-12300 yuan/ton, the market transaction price in Inner Mongolia is 12100-12200 yuan/ton; the Ca30Si58 market transaction price in Shaanxi is 11900-12300 yuan/ton. 12,100 yuan/ton, the market transaction price in Ningxia is 11,900-12,100 yuan/ton, the market transaction price in Inner Mongolia is 11,900-12,000 yuan/ton; the transaction price of ca28si55 in Henan is 10,300-10,500 yuan/ton, and the transaction price of ca28si50 is 9,600-9,800 yuan/ton. (Cash including tax).
The Export Price of Calcium Silicon in October
According to this month’s export market transaction report data, the current export transaction price of Ca30Si60 is 1,700-1,750 US dollars/ton, and Ca30Si58 is 1,680-1,730 US dollars/ton (FOB price, Tianjin Port). There has been no major change in calcium silicon export prices this month.
Calcium Silicon Plant Start-up Statistics
In October 2023, there were a total of 5 furnace manufacturers in the calcium silicate market, with a total of 6 furnaces actually operating. The operating rate of the enterprises was about 83.33%, and the operating rate of the number of furnaces was about 60%, which was the same as last month. The total market output in October is expected to be 7,600 tons, an increase of 770 tons compared with the actual output in September (6830t).
Calcium Silicon Price Forecast
After the National Day, downstream companies mainly consume early inventory. The calcium silicate market is deserted and prices continue to fall. The market transaction price has mostly fallen below 12,000 yuan/ton. In the middle to late period, a large factory in Ningxia stopped production due to the impact of waste heat power generation, and the market quotation subsequently rose to 12,500 yuan/ton ex-factory. However, due to the high price and the large-scale production reduction of terminal steel companies, the actual transaction price of calcium silicate is difficult to follow. There is a big gap with the quotation, and the calcium silicon market quotation gradually returns to rationality. Under the high pressure of demand, it is expected that the price of calcium silicon alloy will be difficult to maintain in the later period and may continue to weaken.
The Price of Ferro Silicon Barium
As shown in the monthly price comparison table, the current price of Silicon Barium Ba30% is 8100-8200 yuan/ton in Inner Mongolia, Gansu Ba: 30% 8000-8050 yuan/ton; Ba: 4-6% Qinghai 7100-7200 yuan/ton (factory tax included Price), Ba: 2-3% natural block, there is no quotation for Inner Mongolia and Ningxia.
The output of Silicon Barium
According to the incomplete statistics of 18 high- and low-barium alloy manufacturers on this website, a total of 10 companies have started furnace production in the silicon-barium market in October 2023 (including 5 high-barium production companies and 6 low-barium production companies (including self-use ), 1 high and low barium manufacturer), the actual number of furnaces is 16, the operating rate (according to the manufacturer) is about 55.56%, a decrease of 16.66% from the previous month, and the expected output is 14,300 tons, a decrease of 1,700 tons from the previous month.
Silicon Barium Price Outlook
After the holiday, as the price of raw material blue carbon loosened and ferrosilicon continued to weaken, the silicon and barium market lacked support. In addition, the terminal weakness was intensified compared with before the holiday. Market inquiries and transactions were deserted. Factory inventories began to show a rising trend. Upstream and downstream Due to various unfavorable factors, the price of barium silicon continues to fall. As of the end of the month, there are still no positive factors in the silicon barium market. It is expected that during November, the price of low barium alloys may still slightly consolidate downward, but it is unlikely that the price will fall below 7,000, while the high barium alloy may fall below 8,000 yuan/ton.