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    Monthly Silicon Carbide Market Report Apr 2020

    2020-05-13 07:57:42   【Print】
    The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
    Please contact us for a subscription.
    1 Market Highlights
    In April, due to the weak downstream demand, the Chinese black silicon carbide market saw slow buying activities. Therefore, the Chinese suppliers further lowered the prices successively to compete for more orders.Asian Metal Copyright1 Market Highlights In April, due to the weak downstream demand, the Chinese black silicon carbide market saw slow buying activities.Asian Metal Copyright Thus, the prices of black silicon carbide further moved down in China in April.Asian Metal Copyright Thus, the prices of black silicon carbide further moved down in China in April.Asian Metal Copyright However, in view of weak demand, the market remained slow in spite of price decline, leading to increasing stocks.Asian Metal Copyright Therefore, the Chinese suppliers further lowered the prices successively to compete for more orders.Asian Metal Copyright Since mid-April, some producers reduced or suspended production.

    In April, the green silicon carbide smelters kept regular production. The supply of green silicon carbide in China became sufficient and the demand kept weak, leading a price decline of Chinese green silicon carbide this month.

    With the spreading of COVID-19 in Europe and America and Southeast Asia, demand from foreign markets decreased and most end consumers refused to purchase because of production restrictions, and strongly held a wait-and-see attitude towards the market outlook. In addition, prices of silicon carbide in domestic market decreased, resulting in a price decline of export price of silicon carbide moved down in April.

    .Asian Metal Copyright With the spreading of COVID-19 in Europe and America and Southeast Asia, demand from foreign markets decreased and most end consumers refused to purchase because of production restrictions, and strongly held a wait-and-see attitude towards the market outlookAsian Metal Copyright
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