Silicon Carbide Market Report February 2016

Abstract 2

1International market review. 2

1.1Chinese silicon carbide export market review. 2

1.2European silicon carbide export market review. 2

1.3American silicon carbide export market review. 2

2.Chinese market review. 3

2.1Chinese black silicon carbide trading inactive in February. 3

2.2Green silicon carbide supply tight. 3

3.Silicon carbide monthly output statistics. 4

3.1Black silicon carbide outputs from Chinese smelters down by 2% MOM in February  4

3.2Green silicon carbide outputs from Chinese smelters down by 19% MOM in February  4

4. Silicon carbide export data in China. 5

4.1Chinese silicon carbide exports move up by 17% MOM in January. 5

4.2Chinese silicon carbide export data in January. 6

5Company news. 10

5.1Minhe Wenhong Science & Technology Abrasive’s green silicon carbide outputdown by 7.4% in February  10

5.2Yifeng Ceramic Material resumed green silicon carbide production on 25th Feb. 10

6Related Industry developments. 10

7Outlook for September. 10

Picture1 Black silicon carbide 88%min, 0-10mm price movement on the export market(USD/t)          2

Picture 2 Black silicon carbide 88%min, 0-10mm price movementon the European market (EUR/t)    2

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

Picture 4 Black silicon carbide 88%min 0-10mm price movementon the Chinese domestic market (RMB/t)   3

Picture 5 Black silicon carbide 98%minF16-100 price movement on the Chinese domestic market (RMB/t)    3

Picture 6 Green silicon carbide 98.5%minJIS1500 price movement on Chinese market (RMB/t)           3

Picture 7China's black silicon carbide output statistics by month. 4

Picture 8China's black silicon carbideproducers' output statistics by province by month            4

Picture 9China's green siliconcarbide output statistics bymonth. 4

Picture 10China's green silicon carbideproducers' output statistics by province by month        5

Picture 11China's silicon carbide export volumestatistics by month. 5

Picture 12China's silicon carbide export volume statistics by major countryby month   5

Table1 Chinese silicon carbide exports in January. 6