[ferro-alloys.com] Recently the calcium carbide market continued to the upward trend. In the northwest of china such as Ningxia, Shanxi and Inner Mongolia, the price all increased in different degree. With the downstream market turned well, the order also increased. Many producers said that so far the goods resource was still not enough, the price may continue to up.
At present, the mainstream offer was RMB 2850/mt (USD467/mt, EX-WORK, VAT ) there was also the higher price to transact. A producer said that in June they made the inspection, the two furnaces produced in turn. Until the middle of July, they resumed to produce 400 tons per day as the normal level, but it still could not satisfied the market demand. Besides, some Inner Mongolia customers also came to purchase their products. Another producer said that the supply was also quietly tight in Inner Mongolia. Many enterprises which shut down production started to resume successively the normal production.
Considering the current intense situation, it is expected that the price will continue to up in the short time.
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