the calcium carbide has continued the downward trend since the beginning of this year (2013). Many factories had to decrease or shut down production because of high cost and low profit, which was very worrying. As the calcium carbide market gradually turned well, the price started to up slightly in most areas from 5th, July. And producers also were optimistic for the market in future.
So farthe calcium carbide Grade I was offered at RMB2750-2800/mt(USD 450-459/mt, ex-work. VAT) in Inner Mongolia, which enhanced about RMB 50-100/mt (USD8-16/mt). In Shanxi province, the mainstream price had been enhanced to RMB2750-2800/mt (USD 450-459/mt, ex-work. VAT) from RMB 2700-2750/mt (USD 442-450/mt, ex-work, VAT).The mainstream price was RMB2800-2850/mt (USD 459-467/mt, ex-work. VAT) in Ningxia and Gansu (in the northwest of China). The quotation was RMB 3000-3050/mt (USD 462-500/mt, ex-work. VAT) in the northeast of China.
The main reasons of the price up included the following factors. The firstly, the rate of operation was gradually improved in downstream enterprises, which led to need more calcium carbide. The secondly, the calcium carbide supply did not met the demand since the many enterprises decreased or shut down production. The thirdly, there was strong will to up the price in producers under the serious stress.
Recently it was rainy in many places in China, which had made effects on the production and shipment of calcium carbide, so the supply was still relatively tight. Some downstream pvc producers upped slightly the purchase price, while most enterprises still waited the change of market. We learnt about that producers had great confident on the price up. Considering the current situation of tight supply, the mainstream price may continue to up in short time.