Silicon Carbide Market Report November 2011
2011-12-02 10:07:09 【Print】
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Silicon carbide market took on a downward movement this month. Most green silicon carbide smelters stopped production with pessimistic prospect for market in the following months. Black silicon carbide market saw a reduction by 30-40% in sales volume. Export market kept quiet, and just some long-term orders were fulfilled.
1． Review of financial news
International news：To cope with debt crisis in Europe, IMF made a new regulation with the purpose of causing capital circulating in EU countries. According to the regulation, governments can get ten times of their contribution shares in IMF.
Domestic news: With lower CPI and decrease in foreign exchange reserves, Chinese central bank adjusts down reserve against deposit rate to promote the balance between deposit and loan.
1． Review of financial news
International news：To cope with debt crisis in Europe, IMF made a new regulation with the purpose of causing capital circulating in EU countries. According to the regulation, governments can get ten times of their contribution shares in IMF.
Domestic news: With lower CPI and decrease in foreign exchange reserves, Chinese central bank adjusts down reserve against deposit rate to promote the balance between deposit and loan.
