Monthly Silicon Carbide Market Report Jun 2020

1 Market Highlights
In June, due to the weak downstream demand, the Chinese black silicon carbide market remained slow. Therefore, the Chinese black silicon carbide suppliers lowered the prices to compete for more orders due to the high inventory pressure.Asian Metal Copyright Considering the low operating rate in foreign countries, demand from overseas markets remained weak and strongly held a wait-and-see attitude towards the market.Asian Metal Copyright Therefore, the prices of black silicon carbide moved down in China in June.

In June, the green silicon carbide smelters kept regular production. However, due to the weak demand, the green silicon carbide market saw slow buying activities.Asian Metal Copyright The suppliers of green silicon carbide in China lowered the prices successively to compete for more orders, resulting in price decline of Chinese green silicon carbide this month.Asian Metal Copyright The suppliers of green silicon carbide in China lowered the prices successively to compete for more orders, resulting in price decline of Chinese green silicon carbide this month.

Considering the low operating rate in foreign countries, demand from overseas markets remained weak and strongly held a wait-and-see attitude towards the market. In June, the export prices of both black and green silicon carbide moved down due to the price decline in China.

.Asian Metal Copyright Therefore, the prices of black silicon carbide moved down in China in June.Asian Metal Copyright