February 27th News
On February 27th, Wuhai Zhonglian's 800,000 tons/year calcium carbide production capacity is currently operating at full capacity, with all 10 calcium carbide furnaces running normally. The ex-factory price for first-grade calcium carbide is quoted at 2,350 yuan/ton, showing a significant decline compared to the pre-Spring Festival period. Actual transactions are primarily negotiated, with downstream demand limited to essential purchases and manufacturers adopting flexible sales strategies.
Chempricehub Analysis on Calcium Carbide, Bull-Bear Score: -1
The ex-factory price of calcium carbide at 2,350 yuan/ton has dropped significantly compared to the pre-Spring Festival period, indicating that Wuhai Zhonglian is operating at full capacity with ample supply. However, downstream demand is limited to essential purchases, and manufacturers are adopting flexible sales strategies, reflecting a market oversupply and weak demand. This has led to significant downward pressure on spot prices, which may continue to face pressure in the short term. The score is -1.0 (generally bearish), as the price decline is notable but not extreme, with oversupply and insufficient demand being the primary driving factors.