In August, the mainstream price of silicon nitride iron powder (Si:48-52%, N:30-33%, Fe:13-15%), the mainstream price of the market was RMB8000-8300/tonne, which was about RMB1000/tonne higher than at the beginning of the year, an increase of about 15%, while the price increase was more than 20% compared with the same period last year. (The above prices are factory tax-inclusive prices).

Due to the large increase in the price of raw materials silicon iron this year, resulting in rising production costs of silicon nitride iron, to 75B silicon iron, for example, the current mainstream price in the vicinity of 8500-8700 yuan / ton, and at the beginning of this year the price of about 7000 yuan / ton. The production cost of raw materials has risen sharply, and the price of silicon nitride iron powder has been forced to rise.

With the rise in the price of most raw materials, domestic diamond tool manufacturers are posing a big challenge, and many factories have had to raise prices.

It is understood that the current production enterprises in China is relatively stable, adequate supply, but affected by the epidemic prevention and control, transport vehicles are fewer, freight costs are also higher than the previous period, downstream customers should be prepared in advance.

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