Monthly Silicon Carbide Market Report Oct 2022

Contents
1 Market Highlights 3
2 Economy and Policy 3
3 Market Movements 3
3.1 Chinese Market 3
3.1.1 Black Silicon Carbide 88%min 0-10mm EXW China 3
3.1.2 Black Silicon Carbide 98%min 10-30mm EXW China 3
3.1.3 Black silicon carbide 98%min F16-100 EXW China 3
3.1.Asian Metal Copyright03% MoM and up by 57.Asian Metal Copyright4 Green Silicon Carbide 98.5%min 10-30mm EXW China 4
3.1.Asian Metal Copyright1.Asian Metal Copyright5 Green Silicon Carbide 98.5%min F240 EXW China 4
3.1.6 Green Silicon Carbide 98%min JIS2000 EXW China 4
3.2 Chinese Export Market 4
3.2.1 Black Silicon Carbide 88%min 0-10mm FOB China 4
3.2.2 Black Silicon Carbide 98%min F16-100 FOB China 5
3.2.3 Green Silicon Carbide 98%min F240 FOB China 5
3.2.4 Green Silicon Carbide 98%min JIS2000 FOB China 5
3.3 International Market 5
3.3.1 Black Silicon Carbide 88%min 0-10mm CIF Europe 5
4. Company News 6
4.1 Inner Mongolia Shenhong to start green silicon carbide production 6
4.2 Tianzhu Zhengxing to resume black silicon carbide production 6
4.3 Gansu Jiangang increases black silicon carbide production capacity 6
5 Producers Statistics 6
5.1 Chinese black silicon carbide producers' statistics 6
5.1.Asian Metal Copyright1.Asian Metal Copyright1 Chinese black silicon carbide producers' operating rate up by 1.34%MoM in October 6
5.1.Asian Metal Copyright China's export volume of silicon carbide in previous 13 months China's export price of silicon carbide in previous 13 months In Sep 2022, the top three export destinations of silicon carbide for China were United States, Japan and South Korea.Asian Metal Copyright2 Chinese black silicon carbide producers' output up by 3.67% MoM in October 7
5.1.Asian Metal Copyright2.Asian Metal Copyright3 Chinese black silicon carbide producers' inventory down by 9.92% MoM in October 7
5.2 Chinese Green silicon carbide producers' statistics 8
5.2.Asian Metal Copyright 5.Asian Metal Copyright1 Chinese green silicon carbide producers' operating rate up by 2.72% MoM in October 8
5.2.Asian Metal Copyright6 Green silicon carbide 98%min JIS2000 EXW China In view of the high prices of the petroleum coke prices in Xinjiang in late October, the prices of green silicon carbide would keep unchanged next month.Asian Metal Copyright2 Chinese green silicon carbide producers' output up by 2.98% MoM in October 8
5.2.Asian Metal Copyright3 Gansu Jiangang increases black silicon carbide production capacity 6 5 Producers Statistics 6 5.Asian Metal Copyright3 Chinese green silicon carbide producers' inventory up by 37.97% MoM in October 8
6 Custom Statistics 8
6.1 China's silicon carbide export volume declined 13.19% MoM in Sep 2022 8
7 Relevant Industry News 9
7.1 Chinese FeSi market 9
8 Market Outlook for Next Month 10
8.1 Chinese market 10
8.1.1 Black silicon carbide 88%min 0-10mm EXW China 10
8.1.2 Black silicon carbide 98%min 10-30cm EXW China 10
8.1.3 Black silicon carbide 98%min F16-100 EXW China 10
8.1.Asian Metal Copyright25% YoY.Asian Metal Copyright4 Green silicon carbide 98.5%min 10-30cm EXW China 10
8.1.5 Green silicon carbide 98%min F240 EXW China 10
8.1.6 Green silicon carbide 98%min JIS2000 EXW China 10
8.2 Chinese export market 10
8.2.1 Black silicon carbide 88%min 0-10mm FOB China 10
8.2.2 Black silicon carbide 98%min F16-100 FOB China 10
8.2.3 Green silicon carbide 98%min F240 FOB China 10
8.2.4 Green silicon carbide 98%min JIS2000 FOB China 10
8.3 International market 10
8.3.1 Black silicon carbide 88%min 0-10mm CIF Europe 10






























1 Market Highlights

Black silicon carbide
Given the soft market demand and the firm production cost, most producers firmed their prices for black silicon carbide 98%min this month. Due to weak market demand, most producers cut their prices for black silicon carbide 88%min to compete for orders.

Owing to the soft market demand and the appreciating of US dollars against Chinese Yuan, most exporters lowered their prices to compete for orders this month.

Green silicon carbide
Despite the weak market demand, most producers insisted on their prices this month supported by the high prices of petroleum coke.

Most exporters firmed their prices this month given the soft overseas buyers' demand and steady domestic prices.

2 Economy and Policy

2.1 MEE: To launch third round of central ecological and environmental protection inspection campaign
On October 21st, the MEE that China has completed two rounds of central ecological and environmental protection inspection campaigns in 31 provinces and plan to carry out the third round of inspection campaign to solve outstanding ecological and environmental problems.

The coming environmental protection inspection would increase production costs of refractory industry.

3 Market Movements

3.1 Chinese Market

3.1.1 Black Silicon Carbide 88%min 0-10mm EXW China
In late October, the mainstream prices of Chinese black silicon carbide 88%min 0-10mm stood at RMB6,600-6,900/t (USD905-946/t) Inc-VAT EXW D/A 180 days, down by RMB400/t (USD55/t) from late last month. Given the sluggish market demand and high inventory accumulation, most producers cut their prices.

Black Silicon Carbide 88%min 0-10mm EXW China Price Trend from 2022-09-01 to 2022-10-31 (RMB/t)


3.1.2 Black Silicon Carbide 98%min 10-30mm EXW China
In late October, the prevailing prices of Chinese black silicon carbide 98%min 10-30cm hovered at RMB8,600-8,900/t (USD1,197-1,239/t) Inc-VAT EXW D/A 180 days, unchanged from late last month. Given the soft demand from downstream buyers but the high production costs, most producers firmed their prices.

Black Silicon Carbide 98%min 10-30mm EXW China Price Trend from 2022-09-01 to 2022-10-31 (RMB/t)


3.1.3 Black silicon carbide 98%min F16-100 EXW China
In late October, the prevailing prices of Chinese black silicon carbide 98%min F16-100 hovered at RMB10,900-11,200/t (USD1,515-1,558/t) Inc-VAT EXW D/A 180 days, unchanged from late last month. Given the soft demand from downstream buyers but the high production costs, most producers firmed their prices.

Black silicon carbide 98%min F16-100 EXW China Price Trend from 2022-09-01 to 2022-10-31 (RMB/t)


3.1.Asian Metal Copyright23% MoM.Asian Metal Copyright4 Green Silicon Carbide 98.5%min 10-30mm EXW China
In late October, the mainstream prices of Chinese green silicon carbide 98.5%min F240 stood at RMB15,400-15,600/t (USD2,142-2,169/t) Inc-VAT EXW D/A 180 days, unchanged from late last month.Asian Metal Copyright Company News 6 4.Asian Metal Copyright Given the soft market demand but high petroleum coke prices, most producers firmed their prices.

Green Silicon Carbide 98.5%min 10-30mm EXW China Price Trend from 2022-09-01 to 2022-10-31 (RMB/t)


3.1.Asian Metal Copyright5 Green silicon carbide 98%min F240 EXW China 10 8.Asian Metal Copyright5 Green Silicon Carbide 98.5%min F240 EXW China
In late October, the prevailing prices of Chinese green silicon carbide 98.5%min F240 stood at RMB20,800-21,300/t (USD2,893-2,962/t) Inc-VAT EXW D/A 180 days, unchanged from late last month.Asian Metal Copyright1 Black silicon carbide 88%min 0-10mm FOB China Considering the weak overseas market demand and the appreciating of US dollars against Chinese Yuan, the export prices would decrease accordingly next month.Asian Metal Copyright In view of the firm raw material prices but sluggish market demand, most processing plants still held their prices of micro powder firm.

Green Silicon Carbide 98.5%min F240 EXW China Price Trend from 2022-09-01 to 2022-10-31 (RMB/t)


3.1.6 Green Silicon Carbide 98%min JIS2000 EXW China
In late October, the mainstream prices of Chinese green silicon carbide 98.5%min JIS2000 stood at RMB27,000-28,000/t (USD3,755-3,894/t) Inc-VAT EXW D/A 180 days, unchanged from late last month.Asian Metal Copyright Given the sluggish overseas market demand but the steady domestic prices, most exporters firmed their prices.Asian Metal Copyright In consideration of the buyers' weak demand but firm raw material prices, most processing plants still kept their prices unchanged.

Green Silicon Carbide 98%min JIS2000 EXW China Price Trend from 2022-09-01 to 2022-10-31 (RMB/t)


3.2 Chinese Export Market

3.2.1 Black Silicon Carbide 88%min 0-10mm FOB China
In late October, the mainstream export prices of Chinese black silicon carbide 88%min 0-10mm stood at USD1,050-1,080/t Inc-VAT FOB China, down by USD40/t from late last month. Owing to the weak overseas market demand and the increasing US dollars against Chinese Yuan, most exporters decreased their prices to compete for orders.

Black Silicon Carbide 88%min 0-10mm FOB China Price Trend from 2022-09-01 to 2022-10-31 (USD/t)


3.2.2 Black Silicon Carbide 98%min F16-100 FOB China
In late October, the mainstream export prices of Chinese black silicon carbide 98%min F16-100 stood at USD1,630-1,660/t Inc-VAT FOB China, down by USD40/t from late last month. Due to the dormant overseas market demand and the increasing US dollars against Chinese Yuan, most exporters lowered their prices to compete for orders.

Black Silicon Carbide 98%min F16-100 FOB China Price Trend from 2022-09-01 to 2022-10-31 (USD/t)


3.2.3 Green Silicon Carbide 98%min F240 FOB China
In late October, the mainstream export prices of Chinese green silicon carbide 98%min F240 stood at USD3,340-3,440/t Inc-VAT FOB China, unchanged from late last month. Given the sluggish overseas market demand but the steady domestic prices, most exporters firmed their prices.

Green Silicon Carbide 98%min F240 FOB China Price Trend from 2022-09-01 to 2022-10-31 (USD/t)


3.2.4 Green Silicon Carbide 98%min JIS2000 FOB China
In late October, the mainstream export prices of Chinese green silicon carbide 98%min JIS2000 stood at USD4,350-4,450/t Inc-VAT FOB China, unchanged from late last month. Considering the dormant overseas market demand but the firm domestic prices, most exporters stuck to their prices.

Green Silicon Carbide 98%min JIS2000 FOB China Price Trend from 2022-09-01 to 2022-10-31 (USD/t)


3.3 International Market

3.3.1 Black Silicon Carbide 88%min 0-10mm CIF Europe
In late October, the mainstream prices of black silicon carbide 88%min 0-10mm hovered at EUR1,200-1,250/t CIF Europe, down by EUR20/t from late last month. Discouraged by the dropped prices in Chinese market and reduced market demand in European market, most suppliers in Europe slightly lowered their prices to promote sales.

Black Silicon Carbide 88%min 0-10mm Delivered Europe Price Trend from 2022-09-01 to 2022-10-31 (EUR/t)


4. Company News

4.1 Inner Mongolia Shenhong to start green silicon carbide production
A new green silicon carbide producer in China, Inner Mongolia Shenhong New Minerals Co., Ltd.Asian Metal Copyright1 Black silicon carbide 88%min 0-10mm CIF Europe 10 1 Market Highlights Black silicon carbide Given the soft market demand and the firm production cost, most producers firmed their prices for black silicon carbide 98%min this month.Asian Metal Copyright plans to start green silicon carbide 10-30cm production since late October, expecting an output of nearly 1,000t in November.Asian Metal Copyright94mt in the same period last year and USD613.Asian Metal Copyright They expect to start pilot production of green silicon carbide in late October and predict the output to reach about 1,000t in November.Asian Metal Copyright3 Black silicon carbide 98%min F16-100 EXW China 10 8.Asian Metal Copyright They started green silicon carbide 10-30cm production for decent profit.Asian Metal Copyright2.Asian Metal Copyright They already installed the production line and planned to start production on mid-October but had to postpone the date to the end of the month due to pandemic quarantine.Asian Metal Copyright 5 Producers Statistics 5.Asian Metal Copyright With a current production capacity of 18,000tpy, the company expect to produce about 2,500t of green silicon carbide this year.Asian Metal Copyright33% MoM and down by 1.Asian Metal Copyright They still keep black silicon carbide segment sand and powder production with a monthly capacity of 2,000t.

4.2 Tianzhu Zhengxing to resume black silicon carbide production
Tianzhu Zhengxing Silicon Carbide Co., Ltd.Asian Metal Copyright1.Asian Metal Copyright, a major black silicon carbide producer in China, plans to resume production in early November and expects to produce about 1,000t in November.Asian Metal Copyright67% MoM in October In October 2022, Chinese black silicon carbide producers' output was 84,800t, up by 3.Asian Metal Copyright They suspended production on 29th July for equipment upgrading and expect to resume production in early November.Asian Metal Copyright 8.Asian Metal Copyright They expect an output of nearly 1,000t in November and would reach full operation in December.Asian Metal Copyright5%min 10-30mm EXW China In late October, the mainstream prices of Chinese green silicon carbide 98.Asian Metal Copyright With a production capacity of 36,000tpy, the company produced about 10,000t so far this year and expect to produce about 14,000t in 2022.Asian Metal Copyright92% MoM in October 7 5.Asian Metal Copyright Now they hold no inventory.

4.3 Gansu Jiangang increases black silicon carbide production capacity
Guansu Jiangang Silicon Carbide Co., Ltd.Asian Metal Copyright34% YoY and down 13.Asian Metal Copyright, a major black silicon carbide producer in China, finished construction of a 50,000kVA furnace in early October and put into production since early this week, expecting an increased annual production capacity of 50,000t.Asian Metal Copyright1 Black silicon carbide 88%min 0-10mm EXW China 10 8.Asian Metal Copyright They built this new production line to meet the increasing market demand and expected an annual production capacity of 74,000t in total.Asian Metal Copyright41% YoY; that in other areas was 11,000t, up by 1,000.Asian Metal Copyright Their output in November would increase to about 4,000t and would reach full operation in December.Asian Metal Copyright2 Black Silicon Carbide 98%min 10-30mm EXW China In late October, the prevailing prices of Chinese black silicon carbide 98%min 10-30cm hovered at RMB8,600-8,900t USD1,197-1,239t Inc-VAT EXW DA 180 days, unchanged from late last month.Asian Metal CopyrightWith a current production capacity of 24,000tpy, the company produced about 10,000t so far in 2022 and expected to produce about 20,000t this year.Asian Metal Copyright1 Black Silicon Carbide 88%min 0-10mm FOB China 4 3.Asian Metal Copyright They hold no inventory at present.

5 Producers Statistics

5.1 Chinese black silicon carbide producers' statistics

5.1.Asian Metal Copyright1 Black silicon carbide 88%min 0-10mm FOB China Considering the weak overseas market demand and the appreciating of US dollars against Chinese Yuan, the export prices would decrease accordingly next month.Asian Metal Copyright1 Chinese black silicon carbide producers' operating rate up by 1.34%MoM in October
In October 2022, Chinese black silicon carbide producers' operating rate was 50.00%, up by 1.Asian Metal Copyright Chinese green silicon carbide producers' operating rate from Oct 2021 to Oct 2022 t 5.Asian Metal Copyright34% MoM and up by 5.Asian Metal CopyrightWith a current production capacity of 24,000tpy, the company produced about 10,000t so far in 2022 and expected to produce about 20,000t this year.Asian Metal Copyright25% YoY.

Chinese black silicon carbide producers' operating rate from Oct 2021 to Oct 2022 (%)

Chinese black silicon carbide producers' operating rate by province from Oct 2021 to Oct 2022 (%)


In October 2022, the black silicon carbide producers' operating rate in Gansu was 45.88%, down by 1.Asian Metal Copyright64% YoY.Asian Metal Copyright33% MoM and down by 1.Asian Metal Copyright23% MoM.Asian Metal Copyright82% YoY; that in Ningxia was 56.Asian Metal Copyright2 Black silicon carbide 98%min 10-30cm EXW China Despite that the market demand for black silicon carbide would stay soft in October, considering the increasing production costs, the prices of this product would stay firm.Asian Metal Copyright04%, up by 2.Asian Metal Copyright Owing to the weak overseas market demand and the increasing US dollars against Chinese Yuan, most exporters decreased their prices to compete for orders.Asian Metal Copyright00% and up by 23.Asian Metal Copyright5%min 10-30mm EXW China Price Trend from 2022-09-01 to 2022-10-31 RMBt 3.Asian Metal Copyright40% YoY; that in other areas was 49.Asian Metal Copyright 2 Economy and Policy 2.Asian Metal Copyright62%, up by 38.Asian Metal Copyright72% MoM and up by 6.Asian Metal Copyright65% MoM and up by 6.Asian Metal Copyright03% MoM and up by 57.Asian Metal Copyright67% YoY.

5.1.Asian Metal Copyright4 Green silicon carbide 98%min JIS2000 FOB China Although the overseas market demand remains soft, given the high domestic prices, the export prices would stay stable next month.Asian Metal Copyright2 Chinese black silicon carbide producers' output up by 3.67% MoM in October
In October 2022, Chinese black silicon carbide producers' output was 84,800t, up by 3.67% MoM and up by 10.Asian Metal Copyright Black Silicon Carbide 98%min 10-30mm EXW China Price Trend from 2022-09-01 to 2022-10-31 RMBt 3.Asian Metal Copyright85% YoY.

Chinese black silicon carbide producers' output from Oct 2021 to Oct 2022 (t)


In October 2022, the black silicon carbide producers' output in Gansu was 39,900t, up by 3.90% MoM and up by 4.Asian Metal Copyright1.Asian Metal Copyright50% YoY; that in Ningxia was 34,000t, up by 3.Asian Metal Copyright 8.Asian Metal Copyright03% MoM and up by 57.Asian Metal Copyright1 Chinese FeSi market 9 8 Market Outlook for Next Month 10 8.Asian Metal Copyright41% YoY; that in other areas was 11,000t, up by 1,000.Asian Metal Copyright97% MoM in October In October 2022, Chinese green silicon carbide producers' inventory was 10,900t, up by 37.Asian Metal Copyright00% MoM and up by 243.Asian Metal Copyright16mt in the same period last year and USD1,136.Asian Metal Copyright75% YoY.

Chinese black silicon carbide producers' output by province from Oct 2021 to Oct 2022 (t)


5.1.Asian Metal Copyright, Ltd.Asian Metal Copyright3 Chinese black silicon carbide producers' inventory down by 9.92% MoM in October
In October 2022, Chinese black silicon carbide producers' inventory was 47,200t, down by 9.92% MoM and up by 39.Asian Metal Copyright5%min F240 EXW China Price Trend from 2022-09-01 to 2022-10-31 RMBt 3.Asian Metal Copyright64% YoY.

Chinese black silicon carbide producers' inventory from Oct 2021 to Oct 2022 (t)


In October 2022, the black silicon carbide producers' inventory in Gansu was 16,900t, down by 17.16% MoM and down by 17.Asian Metal Copyright92mt in the previous month, up 31.Asian Metal Copyright56% YoY; that in Ningxia was 19,000t, down by 5.Asian Metal Copyright1.Asian Metal Copyright00% MoM and up by 90.Asian Metal Copyright3 Chinese black silicon carbide producers' inventory down by 9.Asian Metal Copyright00% YoY; that in other areas was 11,300t, up by 391.Asian Metal Copyright19% MoM.Asian Metal Copyright31% YoY.

Chinese black silicon carbide producers' inventory by province from Oct 2021 to Oct 2022 (t)


5.2 Chinese Green silicon carbide producers' statistics

5.2.Asian Metal Copyright16mt in the same period last year and USD1,136.Asian Metal Copyright1 Chinese green silicon carbide producers' operating rate up by 2.72% MoM in October
In October 2022, Chinese green silicon carbide producers operating rate was 32.68%, up by 2.Asian Metal Copyright Chinese ferro-silicon 72%min Price Trend from 2022-09-01 to 2022-10-31 RMBt 8 Market Outlook for Next Month 8.Asian Metal Copyright72% MoM and up by 6.Asian Metal Copyright23% MoM.Asian Metal Copyright66% YoY.

Chinese green silicon carbide producers' operating rate from Oct 2021 to Oct 2022 (t)


5.2.Asian Metal Copyright2.Asian Metal Copyright2 Chinese green silicon carbide producers' output up by 2.98% MoM in October
In October 2022, Chinese green silicon carbide producers' output was 6,900t, up by 2.98% MoM and down by 30.Asian Metal Copyright2 Tianzhu Zhengxing to resume black silicon carbide production 6 4.Asian Metal Copyright18% YoY.

Chinese green silicon carbide producers' output from Oct 2021 to Oct 2022 (%)


5.2.Asian Metal Copyright4 Green silicon carbide 98.Asian Metal Copyright3 Chinese green silicon carbide producers' inventory up by 37.97% MoM in October
In October 2022, Chinese green silicon carbide producers' inventory was 10,900t, up by 37.97% MoM and up by 49.Asian Metal Copyright00%, up by 1.Asian Metal Copyright31% YoY.

Chinese green silicon carbide producers' inventory from Oct 2021 to Oct 2022 (t)


6 Custom Statistics

6.1 China's silicon carbide export volume declined 13.19% MoM in Sep 2022
In Sep 2022, China exported 37,314.10mt of silicon carbide, 39,646.Asian Metal Copyright56mt in the same period last year and USD2,283.Asian Metal Copyright87mt in the same period last year and 42,983.Asian Metal Copyright2.Asian Metal Copyright31mt in the previous month, down 5.Asian Metal Copyright3.Asian Metal Copyright88% YoY and down 13.Asian Metal Copyright87mt in the same period last year and 42,983.Asian Metal Copyright19% MoM.
In Sep 2022, China exported USD47,336,468.00 worth of silicon carbide, USD30,534,413.Asian Metal Copyright2.Asian Metal Copyright00 in the same period last year and USD48,842,628.Asian Metal Copyright2 Black Silicon Carbide 98%min 10-30mm EXW China In late October, the prevailing prices of Chinese black silicon carbide 98%min 10-30cm hovered at RMB8,600-8,900t USD1,197-1,239t Inc-VAT EXW DA 180 days, unchanged from late last month.Asian Metal Copyright00 in the previous month, up 55.Asian Metal Copyright 8.Asian Metal Copyright03% YoY and down 3.Asian Metal Copyright36mt in the same period last year and 19,916.Asian Metal Copyright08% MoM.Asian Metal Copyright94mt in the same period last year and USD613.Asian Metal Copyright The average price was USD1,268.59/mt, USD770.16/mt in the same period last year and USD1,136.32/mt in the previous month.
In Jan-Sep 2022, China exported a total of 321,639.16mt of silicon carbide, 264,776.Asian Metal Copyright3.Asian Metal Copyright96mt in the same period last year, up 21.Asian Metal Copyright2.Asian Metal Copyright48% YoY.

China's export volume of silicon carbide in previous 13 months

China's export price of silicon carbide in previous 13 months

In Sep 2022, the top three export destinations of silicon carbide for China were United States, Japan and South Korea.

China exported 17,023.92mt of silicon carbide to United States, 17,329.Asian Metal Copyright2.Asian Metal Copyright36mt in the same period last year and 19,916.Asian Metal Copyright They built this new production line to meet the increasing market demand and expected an annual production capacity of 74,000t in total.Asian Metal Copyright03mt in the previous month, down 1.Asian Metal Copyright36mt in the same period last year and 19,916.Asian Metal Copyright76% YoY and down 14.Asian Metal Copyright 8.Asian Metal Copyright52% MoM.Asian Metal Copyright Chinese ferro-silicon 72%min Price Trend from 2022-09-01 to 2022-10-31 RMBt 8 Market Outlook for Next Month 8.Asian Metal Copyright The average price was USD908.61/mt, USD354.94/mt in the same period last year and USD613.17/mt in the previous month, up 156.Asian Metal Copyright33% MoM and down by 1.Asian Metal Copyright06% YoY and up 48.Asian Metal Copyright92mt of silicon carbide to United States, 17,329.Asian Metal Copyright29% MoM.

China exported 5,695.24mt of silicon carbide to Japan, 6,719.Asian Metal Copyright1.Asian Metal Copyright85mt in the same period last year and 5,236.Asian Metal Copyright67% MoM in October In October 2022, Chinese black silicon carbide producers' output was 84,800t, up by 3.Asian Metal Copyright33mt in the previous month, down 15.Asian Metal Copyright Chinese black silicon carbide producers' output by province from Oct 2021 to Oct 2022 t 5.Asian Metal Copyright25% YoY and up 8.Asian Metal Copyright33mt in the previous month, down 15.Asian Metal Copyright76% MoM.Asian Metal Copyright1.Asian Metal Copyright The average price was USD2,096.25/mt, USD1,511.56/mt in the same period last year and USD2,283.61/mt in the previous month, up 38.Asian Metal Copyright In Sep 2022, China exported USD47,336,468.Asian Metal Copyright62% YoY and down 8.Asian Metal Copyright They hold no inventory at present.Asian Metal Copyright23% MoM.

China exported 5,218.10mt of silicon carbide to South Korea, 4,221.Asian Metal Copyright92mt in the previous month, up 31.Asian Metal Copyright85mt in the same period last year and 2,795.Asian Metal Copyright25mt, USD1,511.Asian Metal Copyright99mt in the previous month, up 23.Asian Metal Copyright06% YoY and up 48.Asian Metal Copyright60% YoY and up 86.Asian Metal Copyright2 Tianzhu Zhengxing to resume black silicon carbide production 6 4.Asian Metal Copyright63% MoM.Asian Metal Copyright 8.Asian Metal Copyright The average price was USD1,185.70/mt, USD902.74/mt in the same period last year and USD1,372.92/mt in the previous month, up 31.Asian Metal Copyright5%min 10-30mm EXW China 4 3.Asian Metal Copyright34% YoY and down 13.Asian Metal Copyright With a production capacity of 36,000tpy, the company produced about 10,000t so far this year and expect to produce about 14,000t in 2022.Asian Metal Copyright62% MoM.

China's export volume of silicon carbide to top three countries in previous 13 months

China's export price of silicon carbide to top three countries in previous 13 months


7 Relevant Industry News

7.1 Chinese FeSi market
In late October, the mainstream prices of Chinese FeSi 72%min stood at RMB8,000-8,200/t (USD1,108-1,135/t) EXW D/P, unchanged from late last month. The high prices of FeSi led to increased demand for metallurgical silicon carbide.

Chinese ferro-silicon 72%min Price Trend from 2022-09-01 to 2022-10-31 (RMB/t)


8 Market Outlook for Next Month

8.1 Chinese market

8.1.1 Black silicon carbide 88%min 0-10mm EXW China
Although the market demand for black silicon carbide would stay soft in October, given the increasing production costs, the prices of this product would stay stable.

8.1.2 Black silicon carbide 98%min 10-30cm EXW China
Despite that the market demand for black silicon carbide would stay soft in October, considering the increasing production costs, the prices of this product would stay firm.

8.1.3 Black silicon carbide 98%min F16-100 EXW China
Despite that the market demand for black silicon carbide would stay soft next month, in view of the rising production costs, the prices of this product would keep firm.

8.1.Asian Metal Copyright Company News 4.Asian Metal Copyright4 Green silicon carbide 98.5%min 10-30cm EXW China
Considering that the petroleum coke prices in Xinjiang stay high in late October, the prices of green silicon carbide would stay firm in the following month.

8.1.5 Green silicon carbide 98%min F240 EXW China
Given that the petroleum coke prices in Xinjiang remain firm in late October, the prices of green silicon carbide would keep steady next month.

8.1.6 Green silicon carbide 98%min JIS2000 EXW China
In view of the high prices of the petroleum coke prices in Xinjiang in late October, the prices of green silicon carbide would keep unchanged next month.

8.2 Chinese export market

8.2.1 Black silicon carbide 88%min 0-10mm FOB China
Considering the weak overseas market demand and the appreciating of US dollars against Chinese Yuan, the export prices would decrease accordingly next month.

8.2.2 Black silicon carbide 98%min F16-100 FOB China
Despite the weak overseas market demand, given the firm domestic prices, the export prices would keep steady next month.

8.2.3 Green silicon carbide 98%min F240 FOB China
In spite of the soft overseas market demand, given the high domestic prices, the export prices would stay steady next month.

8.2.4 Green silicon carbide 98%min JIS2000 FOB China
Although the overseas market demand remains soft, given the high domestic prices, the export prices would stay stable next month.

8.3 International market

8.3.1 Black silicon carbide 88%min 0-10mm CIF Europe
Discouraged by the decreased prices in Chinese export market, the prices in European market would go down in the following month.


.Asian Metal Copyright 4Asian Metal Copyright