Silicon Carbide Market Report April 2012
2012-05-04 11:39:41 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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Black silicon carbide market got improvement a little in April for domestic sales, as demand from steel and foundry industries were still running at low operating rate. Green silicon carbide market just ran slow, and insiders were not optimistic about the market in the short term. There were still only a few smelters running in the month.
1. Financial overview
In the first quarter, Chinese current account surplus, capital and financial items were favorable balance, and the international reserves increase continuously. The foreign exchange rose by USD74.8 billion.
In the first three months, the rate of large scale enterprises was RMB1044.9 billion, down by 1.3% year-on-year. In March, the rate was RMB438.9 billion, up by 4.5% YOY. State-owned enterprises’ rate decreased by 0.7% in March.
1. Financial overview
In the first quarter, Chinese current account surplus, capital and financial items were favorable balance, and the international reserves increase continuously. The foreign exchange rose by USD74.8 billion.
In the first three months, the rate of large scale enterprises was RMB1044.9 billion, down by 1.3% year-on-year. In March, the rate was RMB438.9 billion, up by 4.5% YOY. State-owned enterprises’ rate decreased by 0.7% in March.
