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Stronger Sentiment for Joint Efforts to Stand Firm on Quotes; Low-Priced Offers for High-Purity Quartz Sand Are Expected to Rise [SMM Analysis]
Mar 13, 2025, at 11:22 am
[SMM Analysis: Enhanced Joint Efforts to Refrain from Price Cuts, Low-Price Quotes for High-Purity Quartz Sand Expected to Rise] Recently, low-price quotes for domestic high-purity quartz sand are expected to increase. Previously, low-price quotes for outer-layer high-purity quartz sand in the market had already been raised. Currently, low-price quotes for middle layer quartz sand are planned to be adjusted upward, with an expected increase of around 3,000 yuan/mt. Due to the prolonged price cuts in quartz sand sales, resistance among sand enterprises has surged. Recently, after leading enterprises planned to raise prices, some other sand enterprises also plan to follow suit by increasing their quotes in an attempt to push up prices and improve profits.
SMM March 13 News: Recently, there is an expectation of an increase in low-price quotations for domestic high-purity quartz sand. Previously, the low-price quotations for outer-layer high-purity quartz sand in the market had already been raised, and currently, the low-price quotations for middle-layer quartz sand are expected to increase. The anticipated increase is around 3,000 yuan/mt. Due to the prolonged price decline in quartz sand sales, sand enterprises have shown strong resistance. Recently, after leading enterprises planned to raise prices, other sand enterprises also plan to follow suit, attempting to push up quotations and improve profits. High-Purity Quartz Sand Price Trend: According to SMM, the reason for this price adjustment is that leading enterprises have recently claimed potential risks in their supply chain, with quartz sand production declining month by month and potential supply shortages in the future. Therefore, they appropriately raised the quotations for inner-layer and outer-layer sand around the Chinese New Year holiday. Since the main product of these enterprises is middle-layer sand, they have started planning to increase the quotations for middle-layer sand. With the leading enterprises intending to raise prices, other domestic sand enterprises, which have long resisted low prices due to continuous price declines, have also begun to follow suit with moderate price increases. However, in this round of price hikes, downstream crucible enterprises have not yet started purchasing, and the next purchasing cycle will take some time to begin. Meanwhile, the mainstream transaction prices for crucibles have slightly declined recently, leading to strong resistance to raw material price increases. It is expected that the current market will mainly see back-and-forth negotiations between upstream and downstream, with limited actual transactions in the short term. The market is expected to remain in a stalemate, but sand enterprises are strongly inclined to raise quotations. It is anticipated that quotations will increase first, followed by negotiations and price discussions.
