2015 Annual Report on Silicon Carbide Market

Contents

Abstract 2

1 International marketreview.. 2

1.1 Chinese siliconcarbide export market review.. 2

1.2 European siliconcarbide export market review.. 2

1.3 American siliconcarbide export market review.. 3

2. Chinese market review.. 3

2.1 Chinese black siliconcarbide demand on the decline during 2015.. 3

2.2 Chinese green siliconcarbide prices rebound.. 4

3. Silicon carbide monthlyoutput statistics. 4

3.1 black silicon carbideoutputs from Chinese smelters down by 18% YOY in 2015.. 4

3.2 Green silicon carbideoutputs from Chinese smelters moves down to 210,000t in 2015   5

4. Silicon carbide export data in China. 6

4.1 Chinese siliconcarbide exports decrease by 2% YOY in 2015.. 6

5 Company news. 7

5.1 Binhe Silicon CarbideProduct produces about 80,000t of black silicon carbide in 2015   7

5.2 Longding producesabout 80,000t of black silicon carbide in 2015.. 7

5.3 Dongxiang producesabout 43,000t of black silicon carbide in 2015.. 7

5.4 Shengwang SiliconIndustry produces 17,400t of green silicon carbide in 2015.. 7

6 Outlook for siliconcarbide market 7

Picture 1Black silicon carbide 88%min, 0-10mm price movement on the export market(USD/t)      2

Picture2 Black silicon carbide 98%min,F16-100 price movement on the export market (USD/t)      2

Picture 3 Black silicon carbide 88%min, 0-10mm price movementon the European market (EUR/t) 3

Picture 4 Black silicon carbide 88%min, 0-10mm price movementon the American market (USD/t) 3

Picture 5 Black silicon carbide 88%min 0-10mm price movementon the Chinese domestic market (RMB/t)             3

Picture 6 Black silicon carbide 98%minF16-100 price movement on the Chinese domestic market (RMB/t)             4

Picture 7 Green silicon carbide 98.5%minJIS1500 price movement on Chinese market (RMB/t)      4

Picture 8 China black silicon carbide output from 2010 to2015.. 5

Picture 9 China's black silicon carbide output statistics by month in 2015.. 5

Picture 10China's silicon carbide export volume statistics by month.. 5

Picture11 China green silicon carbide output from 2010 to 2015.. 5

Picture 12 China's green siliconcarbide output statistics by month.. 6

Picture13 Inventory trend of green SiC in China by month.. 6

Picture14 China's silicon carbideexport volume statistics by month.. 6

Picture 15 China's silicon carbide exportvolume statistics by major country.. 7