Monthly Silicon Carbide Market Report Aug 2022

Contents
1 Market Highlights 3
2 Economy and Policy 3
3 Market Movements 3
3.1 Chinese Market 3
3.1.1 Black silicon carbide 88%min 0-10mm EXW China 3
3.1.2 Black silicon carbide 98%min 10-30mm EXW China 3
3.1.3 Black silicon carbide 98%min F16-100 EXW China 3
3.1.Asian Metal Copyright42mt of silicon carbide, 25,931.Asian Metal Copyright4 Green silicon carbide 98.5%min 10-30mm EXW China 4
3.1.Asian Metal Copyright8% YoY; that in Ningxia was 20,000t, unchanged MoM and up by 55.Asian Metal Copyright5 Green silicon carbide 98.5%min F240 EXW China 4
3.1.6 Green silicon carbide 98%min JIS2000 EXW China 4
3.2 Chinese Export Market 4
3.2.1 Black silicon carbide 88%min 0-10mm FOB China 4
3.2.2 Black silicon carbide 98%min F16-100 FOB China 5
3.2.3 Green silicon carbide 98%min F240 FOB China 5
3.2.4 Green silicon carbide 98%min JIS2000 FOB China 5
3.3 International Market 5
3.3.1 Black silicon carbide 88%min 0-10mm CIF Europe 5
4. Company News 6
4.1 Hubei Xinxing Quanli Machinery invites bids for silicon carbide 6
5 Producers Statistics 6
5.1 Chinese black silicon carbide producers' statistics 6
5.1.Asian Metal Copyright1 Chinese black silicon carbide producers' operating rate down by 1.Asian Metal Copyright1 Chinese black silicon carbide producers' operating rate down by 1.28%MoM in August 6
5.1.Asian Metal Copyright1 NDRC allocates RMB2.Asian Metal Copyright2 Chinese black silicon carbide producers' output down by 2.4% MoM in August 6
5.1.Asian Metal Copyright3.Asian Metal Copyright3 Chinese black silicon carbide producers' inventory down by 7.28% MoM in August 7
5.2 Chinese Green silicon carbide producers' statistics 7
5.2.1 Chinese green silicon carbide producers' operating rate unchanged MoM in August 7
5.2.2 Chinese green silicon carbide producers' output unchanged MoM in August 7
5.2.3 Chinese green silicon carbide producers' inventory unchanged MoM in August 8
6 Custom Statistics 8
6.1 China's silicon carbide export volume rose 62.81% YoY in Jul 2022 8
7 Relevant Industry News 9
7.1 Chinese FeSi market 9
8 Market Outlook for Next Month 9
8.1 Chinese market 9
8.1.1 Black silicon carbide 88%min 0-10mm EXW China 9
8.1.2 Black silicon carbide 98%min 10-30cm EXW China 9
8.1.3 Black silicon carbide 98%min F16-100 EXW China 9
8.1.Asian Metal Copyright Chinese black silicon carbide producers' output from Aug 2021 to Aug 2022 t In August 2022, the black silicon carbide producers' output in Gansu was 40,000t, down by 7.Asian Metal Copyright4 Green silicon carbide 98.5%min 10-30cm EXW China 10
8.1.5 Green silicon carbide 98%min F240 EXW China 10
8.1.6 Green silicon carbide 98%min JIS2000 EXW China 10
8.2 Chinese export market 10
8.2.1 Black silicon carbide 88%min 0-10mm FOB China 10
8.2.2 Black silicon carbide 98%min F16-100 FOB China 10
8.2.3 Green silicon carbide 98%min F240 FOB China 10
8.2.4 Green silicon carbide 98%min JIS2000 FOB China 10
8.3 International market 10
8.3.1 Black silicon carbide 88%min 0-10mm CIF Europe 10
































1 Market Highlights

Black silicon carbide
Although the downstream demand stayed soft, based on the firm production cost, most producers kept their prices for black silicon carbide 98%min stable this month. Due to weak market demand, most producers decreased their prices for black silicon carbide 88% to relieve inventory pressure.

The export market of black silicon carbide saw soft demand this month, most exporters lowered their prices to compete for orders.

Green silicon carbide
Despite the weak market demand, most producers insisted on their prices this month supported by the high prices of petroleum coke.

Most exporters firmed their prices this month based on the firm domestic prices, though the overseas buyers' demand remained soft.

2 Economy and Policy

2.1 NDRC allocates RMB2.4 billion to support construction of energy conservation and carbon reduction projects

Recently, the NDRC issued a special project on pollution control, energy conservation and carbon reduction (energy conservation and carbon reduction direction), with an investment of 2.4 billion (USD354.Asian Metal Copyright54% MoM.Asian Metal Copyright9 million) to be allocated under the second batch of central budget 2022.Asian Metal Copyright2 Black silicon carbide 98%min F16-100 FOB China In late August, the mainstream export prices of Chinese black silicon carbide 98%min F16-100 stood at USD1,730-1,760t Inc-VAT FOB China, down by USD25t from late last month.Asian Metal Copyright About 10 silicon carbide producers in Gansu are constructing environmental protection equipment and would finish it within two months.

3 Market Movements

3.1 Chinese Market

3.1.1 Black silicon carbide 88%min 0-10mm EXW China

In late August, the mainstream prices of Chinese black silicon carbide 88%min 0-10mm stood at RMB7,000-7,300/t (USD1,005-1,049/t) Inc-VAT EXW D/A 180 days, down by RMB500/t (USD72/t) from late last month. Due to the sluggish demand, most producers cut their prices.

Price trend of black silicon carbide 88%min 0-10mm EXW China from 2022-07-01 to 2022-08-31 (RMB/t)


3.1.2 Black silicon carbide 98%min 10-30mm EXW China

In late August, the prevailing prices of Chinese black silicon carbide 98%min 10-30cm hoovered at RMB8,500-8,800/t (USD1,217-1,260/t) Inc-VAT EXW D/A 180 days, down by RMB200/t (USD30/t) from late last month. Given the soft demand from downstream buyers, most producers cut their prices.

Price trend of black silicon carbide 98%min 10-30cm EXW China from 2022-07-01 to 2022-08-31 (RMB/t)

3.1.3 Black silicon carbide 98%min F16-100 EXW China

In late August, the prevailing prices of Chinese black silicon carbide 98%min F16-100 hoovered at RMB10,800-11,100/t (USD1,547-1,575/t) Inc-VAT EXW D/A 180 days, down by RMB200/t (USD30/t) from late last month. Due to the weak market demand, most processing plants lowered their prices.

Price trend of black silicon carbide 98%min F16-60 EXW China from 2022-07-01 to 2022-08-31 (RMB/t)


3.1.Asian Metal Copyright1 Chinese Market 3 3.Asian Metal Copyright4 Green silicon carbide 98.5%min 10-30mm EXW China

In late August, the mainstream prices of Chinese green silicon carbide 98.5%min F240 stood at RMB15,400-15,600/t (USD2,205-2,234/t) Inc-VAT EXW D/A 180 days, unchanged from late last month.Asian Metal Copyright18mt, USD977.Asian Metal Copyright Given the high petroleum coke prices but soft market demand, most producers firmed their prices.

Price trend of green silicon carbide 98.5%min 10-30cm EXW China from 2022-07-01 to 2022-08-31 (RMB/t)


3.1.Asian Metal Copyright4 Green silicon carbide 98%min JIS2000 FOB China 10 8.Asian Metal Copyright5 Green silicon carbide 98.5%min F240 EXW China

In late August, the prevailing prices of Chinese green silicon carbide 98.5%min F240 stood at RMB20,800-21,300/t (USD2,979-3,050/t) Inc-VAT EXW D/A 180 days, unchanged from late last month.Asian Metal Copyright Chinese black silicon carbide producers' output by province from Aug 2021 to Aug 2022 t 5.Asian Metal Copyright In view of the firm raw material prices but sluggish market demand, most processing plants still held their prices of micro powder firm.

Price trend of green silicon carbide 98%min F240 EXW China from 2022-07-01 to 2022-08-31 (RMB/t)


3.1.6 Green silicon carbide 98%min JIS2000 EXW China

In late August, the mainstream prices of Chinese green silicon carbide 98.5%min JIS2000 stood at RMB27,000-28,000/t (USD3,866-4,010/t) Inc-VAT EXW D/A 180 days, unchanged from late last month.Asian Metal Copyright Due to the weak market demand, most processing plants lowered their prices.Asian Metal Copyright In consideration of the firm raw material prices but buyers' weak demand, most processing plants still kept their prices unchanged.

Price trend of green silicon carbide 98%min JIS2000 EXW China from 2022-07-01 to 2022-08-31 (RMB/t)


3.2 Chinese Export Market

3.2.1 Black silicon carbide 88%min 0-10mm FOB China

In late August, the mainstream export prices of Chinese black silicon carbide 88%min 0-10mm stood at USD1,200-1,230/t Inc-VAT FOB China, down by USD70/t from late last month. Owing to the decreased domestic prices and weak overseas market demand, most exporters decreased their prices to compete for orders.

Price trend of black silicon carbide 88%min 0-10mm FOB China from 2022-07-01 to 2022-08-31 (USD/t)


3.2.2 Black silicon carbide 98%min F16-100 FOB China

In late August, the mainstream export prices of Chinese black silicon carbide 98%min F16-100 stood at USD1,730-1,760/t Inc-VAT FOB China, down by USD25/t from late last month. Due to the reduced domestic prices and dormant overseas market demand, most exporters lowered their prices to compete for orders.

Price trend of black silicon carbide 98%min F16-100 FOB China from 2022-07-01 to 2022-08-31 (USD/t)


3.2.3 Green silicon carbide 98%min F240 FOB China

In late August, the mainstream export prices of Chinese green silicon carbide 98%min F240 stood at USD3,380-3,480/t Inc-VAT FOB China, unchanged from late last month. Based on firm domestic prices, most exporters still kept their prices unchanged.

Price trend of green silicon carbide 98%min F240 FOB China from 2022-07-01 to 2022-08-31 (USD/t)


3.2.4 Green silicon carbide 98%min JIS2000 FOB China

In late August, the mainstream export prices of Chinese green silicon carbide 98%min JIS2000 stood at USD4,400-4,500/t Inc-VAT FOB China, unchanged from late last month. Based on firm domestic prices, most exporters still held their prices stable.

Price trend of green silicon carbide 98%min JIS2000 FOB China from 2022-07-01 to 2022-08-31 (USD/t)


3.3 International Market

3.3.1 Black silicon carbide 88%min 0-10mm CIF Europe

In late August, the mainstream prices of black silicon carbide 88%min 0-10mm hovered at EUR1,330-1,380/t CIF Europe, down by EUR30/t from late last month. Discouraged by the dropped prices in Chinese market and reduced market demand in European market, most suppliers in Europe slightly lowered their prices to promote sales.

Price trend of black silicon carbide 88%min 0-10mm CIF Europe from 2022-07-01 to 2022-08-31 (EUR/t)


4. Company News

4.1 Hubei Xinxing Quanli Machinery invites bids for silicon carbide
Hubei Xinxing Quanli Machinery Co., Ltd.Asian Metal Copyright66% MoM.Asian Metal Copyright invited bids starting on August 24 to purchase 20t of silicon carbide (SiC290%3 - 8mm) with delivery to be made on August 31,2022. The closing date for the bids was August 24,2022,

5 Producers Statistics

5.1 Chinese black silicon carbide producers' statistics

5.1.Asian Metal Copyright Price trend of green silicon carbide 98.Asian Metal Copyright1 Chinese black silicon carbide producers' operating rate down by 1.28%MoM in August

In August 2022, Chinese black silicon carbide producers' operating rate was 51.91%, down by 1.Asian Metal Copyright19% MoM and down by 10.Asian Metal Copyright28% MoM and up by 0.Asian Metal Copyright China exported 16,592.Asian Metal Copyright68% YoY.

Chinese black silicon carbide producers' operating rate from Aug 2021 to Aug 2022 (%)

Chinese black silicon carbide producers' operating rate by province from Aug 2021 to Aug 2022 (%)


In August 2022, the black silicon carbide producers' operating rate in Gansu was 54.18%, down by 4.Asian Metal Copyright1 Black silicon carbide 88%min 0-10mm FOB China In late August, the mainstream export prices of Chinese black silicon carbide 88%min 0-10mm stood at USD1,200-1,230t Inc-VAT FOB China, down by USD70t from late last month.Asian Metal Copyright19% MoM and down by 6.Asian Metal Copyright84% YoY.Asian Metal Copyright5% YoY; that in Ningxia was 52.Asian Metal Copyright The average price was USD1,328.Asian Metal Copyright14%, up by 1.Asian Metal Copyright Given the high petroleum coke prices but soft market demand, most producers firmed their prices.Asian Metal Copyright51% and up by 16.Asian Metal Copyright07mt in the same period last year and 4,782.Asian Metal Copyright33% YoY; that in Inner Mongolia was 54.Asian Metal Copyright3 Black silicon carbide 98%min F16-100 EXW China In late August, the prevailing prices of Chinese black silicon carbide 98%min F16-100 hoovered at RMB10,800-11,100t USD1,547-1,575t Inc-VAT EXW DA 180 days, down by RMB200t USD30t from late last month.Asian Metal Copyright05%, unchanged MoM and down by 11.Asian Metal Copyright00 in the previous month, up 116.Asian Metal Copyright36% YoY; that in other areas was 16.Asian Metal Copyright71% YoY; that in Ningxia was 34,500t, up by 2.Asian Metal Copyright13%, unchanged MoM and down by 38.Asian Metal Copyright The closing date for the bids was August 24,2022, 5 Producers Statistics 5.Asian Metal Copyright71% YoY.

5.1.Asian Metal Copyright1.Asian Metal Copyright2 Chinese black silicon carbide producers' output down by 2.4% MoM in August

In August 2022, Chinese black silicon carbide producers' output was 85,500t, down by 2.4% MoM and up by 2.Asian Metal Copyright45mt, USD562.Asian Metal Copyright89% YoY.

Chinese black silicon carbide producers' output from Aug 2021 to Aug 2022 (t)


In August 2022, the black silicon carbide producers' output in Gansu was 40,000t, down by 7.19% MoM and down by 10.Asian Metal Copyright1 Black silicon carbide 88%min 0-10mm EXW China In late August, the mainstream prices of Chinese black silicon carbide 88%min 0-10mm stood at RMB7,000-7,300t USD1,005-1,049t Inc-VAT EXW DA 180 days, down by RMB500t USD72t from late last month.Asian Metal Copyright71% YoY; that in Ningxia was 34,500t, up by 2.Asian Metal Copyright96% YoY and down 3.Asian Metal Copyright99% and up by 51.Asian Metal Copyright Price trend of black silicon carbide 98%min 10-30cm EXW China from 2022-07-01 to 2022-08-31 RMBt 3.Asian Metal Copyright32% YoY; that in Inner Mongolia was 10,000t, unchanged MoM and down by 17.Asian Metal Copyright3 Black silicon carbide 98%min F16-100 EXW China As the operating rates of steel mills keep dropping in August, the buyers' demand for black silicon carbide would move down further in August.Asian Metal Copyright36% YoY; that in other areas was 1,000t, unchanged MoM and down by 70.Asian Metal Copyright28% MoM and up by 0.Asian Metal Copyright59% YoY.

Chinese black silicon carbide producers' output by province from Aug 2021 to Aug 2022 (t)


5.1.Asian Metal Copyright1.Asian Metal Copyright3 Chinese black silicon carbide producers' inventory down by 7.28% MoM in August

In August 2022, Chinese black silicon carbide producers' inventory was 72,600t, down by 7.28% MoM and up by 143.Asian Metal Copyright8% YoY; that in Ningxia was 20,000t, unchanged MoM and up by 55.Asian Metal Copyright62% YoY.Asian Metal Copyright28% MoM in August In August 2022, Chinese black silicon carbide producers' inventory was 72,600t, down by 7.Asian Metal Copyright Due to the weak demand, the total inventory of producers increased further this month.

Chinese black silicon carbide producers' inventory from Aug 2021 to Aug 2022 (t)


In August 2022, the black silicon carbide producers' inventory in Gansu was 37,100t, down by 17.19% MoM and up by 196.Asian Metal Copyright1.Asian Metal Copyright8% YoY; that in Ningxia was 20,000t, unchanged MoM and up by 55.Asian Metal Copyright05mt in the previous month, up 44.Asian Metal Copyright04% YoY; that in Inner Mongolia was 14,000t, up by 16.Asian Metal Copyright Price trend of black silicon carbide 98%min F16-100 FOB China from 2022-07-01 to 2022-08-31 USDt 3.Asian Metal Copyright67%t MoM and up by 250.Asian Metal Copyright1 Black silicon carbide 88%min 0-10mm CIF Europe 5 4.Asian Metal Copyright00% YoY; that in other areas was 1,500t, unchanged MoM and up by 275.Asian Metal Copyright3 Black silicon carbide 98%min F16-100 EXW China In late August, the prevailing prices of Chinese black silicon carbide 98%min F16-100 hoovered at RMB10,800-11,100t USD1,547-1,575t Inc-VAT EXW DA 180 days, down by RMB200t USD30t from late last month.Asian Metal Copyright00% YoY.

Chinese black silicon carbide producers' inventory by province from Aug 2021 to Aug 2022 (t)


5.2 Chinese Green silicon carbide producers' statistics

5.2.1 Chinese green silicon carbide producers' operating rate unchanged MoM in August

In August 2022, Chinese green silicon carbide producers operating rate was 27.00%, unchanged MoM and down by 18.Asian Metal Copyright 8.Asian Metal Copyright17% YoY.

Chinese green silicon carbide producers' operating rate from Aug 2021 to Aug 2022 (t)


5.2.2 Chinese green silicon carbide producers' output unchanged MoM in August

In August 2022, Chinese green silicon carbide producers' output was 5,500t, unchanged MoM and down by 40.22% YoY.

Chinese green silicon carbide producers' output from Aug 2021 to Aug 2022 (%)


5.2.3 Chinese green silicon carbide producers' inventory unchanged MoM in August

In August 2022, Chinese green silicon carbide producers' inventory was 5500t, unchanged MoM and up by 83.33% YoY.

Chinese green silicon carbide producers' inventory from Aug 2021 to Aug 2022 (t)


6 Custom Statistics
6.1 China's silicon carbide export volume rose 62.81% YoY in Jul 2022
In Jul 2022, China exported 42,220.42mt of silicon carbide, 25,931.Asian Metal Copyright19% MoM and up by 196.Asian Metal Copyright88mt in the same period last year and 38,897.Asian Metal Copyright4 billion to support construction of energy conservation and carbon reduction projects Recently, the NDRC issued a special project on pollution control, energy conservation and carbon reduction energy conservation and carbon reduction direction, with an investment of 2.Asian Metal Copyright06mt in the previous month, up 62.Asian Metal Copyright1 Hubei Xinxing Quanli Machinery invites bids for silicon carbide Hubei Xinxing Quanli Machinery Co.Asian Metal Copyright81% YoY and up 8.Asian Metal Copyright78mt in the previous month, up 82.Asian Metal Copyright54% MoM.

In Jul 2022, China exported USD56,089,589.00 worth of silicon carbide, USD25,910,422.Asian Metal Copyright Given the high petroleum coke prices but soft market demand, most producers firmed their prices.Asian Metal Copyright00 in the same period last year and USD54,645,961.Asian Metal Copyright1.Asian Metal Copyright00 in the previous month, up 116.Asian Metal Copyright28%MoM in August In August 2022, Chinese black silicon carbide producers' operating rate was 51.Asian Metal Copyright48% YoY and up 2.Asian Metal Copyright The average price was USD1,125.Asian Metal Copyright64% MoM.Asian Metal Copyright6 Green silicon carbide 98%min JIS2000 EXW China In view of the high prices of the petroleum coke prices in Xinjiang in late August, the prices of green silicon carbide would keep unchanged next month.Asian Metal Copyright The average price was USD1,328.49/mt, USD999.17/mt in the same period last year and USD1,404.89/mt in the previous month.

In Jan-Jul 2022, China exported a total of 241,341.75mt of silicon carbide, 190,267.Asian Metal Copyright33% YoY; that in Inner Mongolia was 54.Asian Metal Copyright60mt in the same period last year, up 26.Asian Metal Copyright2.Asian Metal Copyright84% YoY.

China's export volume of silicon carbide in previous 13 months


China's export price of silicon carbide in previous 13 months

In Jul 2022, the top three export destinations of silicon carbide for China were United States, Japan and Netherlands.

China exported 16,592.70mt of silicon carbide to United States, 9,113.Asian Metal Copyright2 Black silicon carbide 98%min F16-100 FOB China In late August, the mainstream export prices of Chinese black silicon carbide 98%min F16-100 stood at USD1,730-1,760t Inc-VAT FOB China, down by USD25t from late last month.Asian Metal Copyright45mt in the same period last year and 10,252.Asian Metal Copyright1 Black silicon carbide 88%min 0-10mm CIF Europe Discouraged by the decreased prices in Chinese market, the prices in European market would go down in the following month.Asian Metal Copyright78mt in the previous month, up 82.Asian Metal Copyright33% YoY; that in Inner Mongolia was 54.Asian Metal Copyright07% YoY and up 61.Asian Metal Copyright3 Chinese black silicon carbide producers' inventory down by 7.Asian Metal Copyright84% MoM.Asian Metal Copyright6 Green silicon carbide 98%min JIS2000 EXW China In late August, the mainstream prices of Chinese green silicon carbide 98.Asian Metal Copyright The average price was USD899.45/mt, USD562.44/mt in the same period last year and USD933.72/mt in the previous month, up 59.Asian Metal Copyright44mt in the same period last year and USD933.Asian Metal Copyright96% YoY and down 3.Asian Metal Copyright2.Asian Metal Copyright75% MoM.

China exported 5,746.65mt of silicon carbide to Japan, 5,198.Asian Metal Copyright3 Green silicon carbide 98%min F240 FOB China 10 8.Asian Metal Copyright07mt in the same period last year and 4,782.Asian Metal Copyright44mt in the same period last year and USD933.Asian Metal Copyright17mt in the previous month, up 10.Asian Metal Copyright5%min JIS2000 stood at RMB27,000-28,000t USD3,866-4,010t Inc-VAT EXW DA 180 days, unchanged from late last month.Asian Metal Copyright55% YoY and up 20.Asian Metal Copyright2.Asian Metal Copyright17% MoM.Asian Metal Copyright Price trend of black silicon carbide 88%min 0-10mm EXW China from 2022-07-01 to 2022-08-31 RMBt 3.Asian Metal Copyright The average price was USD2,344.00/mt, USD1,621.05/mt in the same period last year and USD2,242.05/mt in the previous month, up 44.Asian Metal Copyright China exported 5,746.Asian Metal Copyright60% YoY and up 4.Asian Metal Copyright Therefore, the prices of this product would move down further.Asian Metal Copyright55% MoM.

China exported 3,752.00mt of silicon carbide to Netherlands, 1,037.Asian Metal Copyright2.Asian Metal Copyright25mt in the same period last year and 7,604.Asian Metal Copyright3 Green silicon carbide 98%min F240 FOB China 10 8.Asian Metal Copyright16mt in the previous month, up 261.Asian Metal Copyright2.Asian Metal Copyright73% YoY and down 50.Asian Metal Copyright Chinese green silicon carbide producers' operating rate from Aug 2021 to Aug 2022 t 5.Asian Metal Copyright66% MoM.Asian Metal Copyright4 billion to support construction of energy conservation and carbon reduction projects Recently, the NDRC issued a special project on pollution control, energy conservation and carbon reduction energy conservation and carbon reduction direction, with an investment of 2.Asian Metal Copyright The average price was USD1,125.18/mt, USD977.39/mt in the same period last year and USD1,284.23/mt in the previous month, up 15.Asian Metal Copyright4% MoM and up by 2.Asian Metal Copyright15% YoY and down 12.Asian Metal Copyright64% MoM.Asian Metal Copyright38% MoM.

China's export volume of silicon carbide to top three countries in previous 13 months

China's export price of silicon carbide to top three countries in previous 13 months

Product: silicon carbide HS Code: 28492000; 284920

7 Relevant Industry News

7.1 Chinese FeSi market

In late August, the mainstream prices of Chinese FeSi 72%min stood at RMB7,700-7,900/t (USD1,103-1,131/t) EXW D/P, up by RMB100/t (USD14/t) from late last month. The slightly increase of FeSi prices led to increased demand for metallurgical silicon carbide.

Chinese ferro-silicon 72%min price trend from 2022-07-01 to 2022-08-31 (RMB/t)


8 Market Outlook for Next Month

8.1 Chinese market

8.1.1 Black silicon carbide 88%min 0-10mm EXW China

As the operating rates of steel mills keep decreasing in August, the market demand for black silicon carbide would reduce further in August. Therefore, the prices of this product would move down further.

8.1.2 Black silicon carbide 98%min 10-30cm EXW China

As the operating rates of steel mills continue going down in August, the market demand for black silicon carbide would decrease further in August. Hence, the prices of this product would drop further in the coming month.

8.1.3 Black silicon carbide 98%min F16-100 EXW China

As the operating rates of steel mills keep dropping in August, the buyers' demand for black silicon carbide would move down further in August. Thus, the prices of this product would decline further next month.

8.1.Asian Metal Copyright23mt in the previous month, up 15.Asian Metal Copyright4 Green silicon carbide 98.5%min 10-30cm EXW China

Considering that the petroleum coke prices in Xinjiang stay high in late August, the prices of green silicon carbide would stay firm in the following month.

8.1.5 Green silicon carbide 98%min F240 EXW China

Given that the petroleum coke prices in Xinjiang remain firm in late August, the prices of green silicon carbide would keep steady next month.

8.1.6 Green silicon carbide 98%min JIS2000 EXW China

In view of the high prices of the petroleum coke prices in Xinjiang in late August, the prices of green silicon carbide would keep unchanged next month.

8.2 Chinese export market

8.2.1 Black silicon carbide 88%min 0-10mm FOB China

Considering the weak overseas market demand and that the domestic prices expect to move down, the export prices would decrease accordingly next month.

8.2.2 Black silicon carbide 98%min F16-100 FOB China

Despite the weak overseas market demand, given the firm domestic prices, the export prices would keep steady next month.

8.2.3 Green silicon carbide 98%min F240 FOB China

In spite of the soft overseas market demand, given the high domestic prices, the export prices would stay steady next month.

8.2.4 Green silicon carbide 98%min JIS2000 FOB China

Although the overseas market demand remains soft, given the high domestic prices, the export prices would stay stable next month.

8.3 International market

8.3.1 Black silicon carbide 88%min 0-10mm CIF Europe

Discouraged by the decreased prices in Chinese market, the prices in European market would go down in the following month.

.Asian Metal Copyright48% YoY and up 2Asian Metal Copyright