• Silico-manganese 65/17 EXW China(300)  04-25|Silico-manganese 60/14 EXW China(200)  04-25|Indium Ingot 99.995%min FOB China(9)  04-25|Molybdenum Conc. 45%min EXW China(100)  04-25|Steel Scrap MMS 4-6mm EXW Guangzhou(80)  04-25|Molybdenum Oxide 50%min EXW China(100)  04-25|Zirconium Sponge Zr+Hf 99.4%min EXW China(-5)  04-25|Ferro-silicon 75%min In warehouse Pittsburgh(0.03)  04-25|Iron Ore Fine Australian 62%min CNF China(3)  04-25|Ferro-molybdenum 60%min EXW China(6000)  04-25|Indium Ingot 99.995%min EXW China(60)  04-25|Copper Conc. TC 25%min CIF China(-1)  04-25|Calcium-silicon 30-60 FOB China(40)  04-25|Molybdenum Oxide 57%min In port South Korea(0.5)  04-25
  • Monthly Silicon Carbide Market Report Nov 2022

    2022-12-19 08:29:17   【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.


    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 Copyright22mt in the same period last year and USD1,268.Asian Metal Copyright4 Green Silicon Carbide 98.5%min 10-30mm EXW China 4
    3.1.Asian Metal Copyright29% YoY.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 Tianzhu Yixin to increase black silicon carbide production capacity 6
    4.2 Inner Mongolia Shenhong to begin green silicon carbide production 6
    5 Producers Statistics 6
    5.1 Chinese black silicon carbide producers' statistics 6
    5.1.Asian Metal Copyright2.Asian Metal Copyright1 Chinese black silicon carbide producers' operating rate down by 0.65%MoM in November 6
    5.1.Asian Metal Copyright29% YoY.Asian Metal Copyright2 Chinese black silicon carbide producers' output up down 1.28% MoM in November 6
    5.1.Asian Metal Copyright1 Black silicon carbide 88%min 0-10mm EXW China Although the market demand for black silicon carbide would stay soft in December, given the increasing production costs, the prices of this product would stay stable.Asian Metal Copyright3 Chinese black silicon carbide producers' inventory down by 6.35% MoM in November 7
    5.2 Chinese Green silicon carbide producers' statistics 7
    5.2.Asian Metal Copyright2.Asian Metal Copyright1 Chinese green silicon carbide producers' operating rate down by 2.94% MoM in November 7
    5.2.Asian Metal Copyright1 Black silicon carbide 88%min 0-10mm FOB China 10 8.Asian Metal Copyright2 Chinese green silicon carbide producers' output down by 8.67% MoM in November 8
    5.2.Asian Metal Copyright2.Asian Metal Copyright3 Chinese green silicon carbide producers' inventory down by 2.67% MoM in November 8
    6 Custom Statistics 8
    6.1 China's silicon carbide export volume declined 23.87% MoM in Oct 2022 8
    7 Relevant Industry News 9
    7.1 Chinese FeSi market 9
    8 Market Outlook for Next Month 9
    8.1 Chinese market 10
    8.1.1 Black silicon carbide 88%min 0-10mm EXW China 10
    8.1.2 Black silicon carbide 98%min 10-30cm EXW China 10
    8.1.3 Black silicon carbide 98%min F16-100 EXW China 10
    8.1.Asian Metal Copyright5 Green silicon carbide 98%min F240 EXW China Given that the petroleum coke prices in Xinjiang remain firm in late December, the prices of green silicon carbide would keep steady next month.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
    Given the weak market demand, most producers cut their prices for black silicon carbide 98%min to boost sales this month. Due to weak market demand but firm production costs, most producers firmed their prices for black silicon carbide 88%min.

    Owing to the firm domestic prices and the depreciating of US dollars against Chinese Yuan, most exporters increase their prices this month.

    Green silicon carbide
    Given the weak market demand and increasing inventory accumulation, most producers lowered their prices this month to boost sales. However, most processing plant firmed their prices in consideration of the

    Most exporters firmed their prices this month given the soft overseas buyers' demand and steady domestic prices.

    2 Economy and Policy

    2.1 China's central bank to cut RRR by 0.25 percentage points
    The People's Bank of China announced on November 25 that it will cut reserve requirement ratio (RRR) for financial institutions by 0.25 percentage points, which will bring the weighted average RRR level to 7.Asian Metal Copyright87% MoM in Oct 2022 8 7 Relevant Industry News 9 7.Asian Metal Copyright8%.Asian Metal Copyright Encouraged by the raised prices in Chinese market, most suppliers in Europe slightly increase their prices.Asian Metal Copyright The RRR cut will take effect on December 5 and is expected to inject 500 billion yuan (69.Asian Metal Copyright09% YoY.Asian Metal Copyright45 billion US dollars) of liquidity into the economy.

    This policy would cut the financial costs of refractory companies.

    3 Market Movements

    3.1 Chinese Market

    3.1.1 Black Silicon Carbide 88%min 0-10mm EXW China
    In late November, the mainstream prices of Chinese black silicon carbide 88%min 0-10mm stood at RMB6,600-6,900/t (USD946-989/t) Inc-VAT EXW D/A 180 days, unchanged from late last month. Given the sluggish market demand but high production costs, most producers firmed their prices.

    Black Silicon Carbide 88%min 0-10mm EXW China Price Trend from 2022-10-10 to 2022-11-30 (RMB/t)


    3.1.2 Black Silicon Carbide 98%min 10-30mm EXW China
    In late November, the prevailing prices of Chinese black silicon carbide 98%min 10-30cm hovered at RMB8,500-8,800/t (USD1,219-1,262/t) Inc-VAT EXW D/A 180 days, down by RMB100/t (USD14/t) from late last month. Given the soft demand from downstream buyers, most producers cut their prices to boost sales.

    Black Silicon Carbide 98%min 10-30mm EXW China Price Trend from 2022-10-10 to 2022-11-30 (RMB/t)


    3.1.3 Black silicon carbide 98%min F16-100 EXW China
    In late November, the prevailing prices of Chinese black silicon carbide 98%min F16-100 hovered at RMB10,700-11,000/t (USD1,534-1,577/t) Inc-VAT EXW D/A 180 days, down by RMB200/t (USD28/t) from late last month. Given the soft demand from downstream buyers, most producers lowered their prices to boost sales.

    Black silicon carbide 98%min F16-100 EXW China Price Trend from 2022-10-10 to 2022-11-30 (RMB/t)


    3.1.Asian Metal Copyright1 Black Silicon Carbide 88%min 0-10mm FOB China In late November, the mainstream export prices of Chinese black silicon carbide 88%min 0-10mm stood at USD1,060-1,090t Inc-VAT FOB China, up by USD10t from late last month.Asian Metal Copyright4 Green Silicon Carbide 98.5%min 10-30mm EXW China
    In late November, the mainstream prices of Chinese green silicon carbide 98.5%min F240 stood at RMB15,100-15,300/t (USD2,165-2,194/t) Inc-VAT EXW D/A 180 days, down by RMB300/t (USD43/t) from late last month.Asian Metal Copyright 8.Asian Metal Copyright In view of the weak demand from downstream market, most producers lowered their prices to maintain orders.

    Green Silicon Carbide 98.5%min 10-30mm EXW China Price Trend from 2022-10-10 to 2022-11-30 (RMB/t)


    3.1.Asian Metal Copyright2.Asian Metal Copyright5 Green Silicon Carbide 98.5%min F240 EXW China
    In late November, the prevailing prices of Chinese green silicon carbide 98.5%min F240 stood at RMB20,800-21,300/t (USD2,983-3,055/t) Inc-VAT EXW D/A 180 days, unchanged from late last month.Asian Metal Copyright1.Asian Metal Copyright In view of the soft market demand but high production costs, most processing plants still held their prices of micro powder firm.

    Green Silicon Carbide 98.5%min F240 EXW China Price Trend from 2022-10-10 to 2022-11-30 (RMB/t)


    3.1.6 Green Silicon Carbide 98%min JIS2000 EXW China
    In late November, the mainstream prices of Chinese green silicon carbide 98.5%min JIS2000 stood at RMB27,000-28,000/t (USD3,872-4,015/t) Inc-VAT EXW D/A 180 days, unchanged from late last month.Asian Metal Copyright35% MoM in November 7 5.Asian Metal Copyright In consideration of the buyers' weak demand but high production costs, most processing plants still kept their prices unchanged.

    Green Silicon Carbide 98%min JIS2000 EXW China Price Trend from 2022-10-10 to 2022-11-30 (RMB/t)


    3.2 Chinese Export Market

    3.2.1 Black Silicon Carbide 88%min 0-10mm FOB China
    In late November, the mainstream export prices of Chinese black silicon carbide 88%min 0-10mm stood at USD1,060-1,090/t Inc-VAT FOB China, up by USD10/t from late last month. Owing to the decreasing US dollars against Chinese Yuan and firm domestic prices, most exporters increased their prices.

    Black Silicon Carbide 88%min 0-10mm FOB China Price Trend from 2022-10-10 to 2022-11-30 (USD/t)


    3.2.2 Black Silicon Carbide 98%min F16-100 FOB China
    In late November, the mainstream export prices of Chinese black silicon carbide 98%min F16-100 stood at USD1,640-1,670/t Inc-VAT FOB China, up by USD10/t from late last month. Due to the decreasing US dollars against Chinese Yuan and high domestic prices, most exporters raised their prices.

    Black Silicon Carbide 98%min F16-100 FOB China Price Trend from 2022-10-10 to 2022-11-30 (USD/t)


    3.2.3 Green Silicon Carbide 98%min F240 FOB China
    In late November, the mainstream export prices of Chinese green silicon carbide 98%min F240 stood at USD3,340-3,440/t Inc-VAT FOB China, unchanged from late last month. Given the sluggish overseas market demand but the steady domestic prices, most exporters firmed their prices.

    Green Silicon Carbide 98%min F240 FOB China Price Trend from 2022-10-10 to 2022-11-30 (USD/t)


    3.2.4 Green Silicon Carbide 98%min JIS2000 FOB China
    In late November, the mainstream export prices of Chinese green silicon carbide 98%min JIS2000 stood at USD4,350-4,450/t Inc-VAT FOB China, unchanged from late last month. Considering the dormant overseas market demand but the firm domestic prices, most exporters stuck to their prices.

    Green Silicon Carbide 98%min JIS2000 FOB China Price Trend from 2022-10-10 to 2022-11-30 (USD/t)


    3.3 International Market

    3.3.1 Black Silicon Carbide 88%min 0-10mm CIF Europe
    In late November, the mainstream prices of black silicon carbide 88%min 0-10mm hovered at EUR1,210-1,260/t CIF Europe, up by EUR10/t from late last month. Encouraged by the raised prices in Chinese market, most suppliers in Europe slightly increase their prices.

    Black Silicon Carbide 88%min 0-10mm Delivered Europe Price Trend from 2022-10-10 to 2022-11-30 (EUR/t)


    4. Company News

    4.1 Tianzhu Yixin to increase black silicon carbide production capacity
    A major black silicon carbide producer in China, Tianzhu Yixin Solar Technology Co., Ltd.Asian Metal Copyright67% MoM and up by 12.Asian Metal Copyright finished the upgrading of two 15,000kVA furnace in early November and planned to put into production in early December, expecting an increased annual production capacity up to 40,000t.Asian Metal Copyright1.Asian Metal Copyright They suspended production to upgrade these two production lines in early September to meet the increasing market demand and expected an annual production capacity of 40,000t in total.Asian Metal Copyright10mt in the previous month, up 5.Asian Metal Copyright They expect to produce about 1,000t in December and would reach about 3,000t after pilot production.Asian Metal Copyright 3 Market Movements 3.Asian Metal CopyrightWith a current production capacity of 40,000tpy, the company produced about 5,000t so far in 2022 and expected to produce about 6,000t this year, in line with the previous year.Asian Metal Copyright28% MoM in November In November 2022, Chinese black silicon carbide producers' output was 84,600t, down by 1.Asian Metal Copyright They hold no inventory at present.

    4.2 Inner Mongolia Shenhong to begin green silicon carbide production
    Inner Mongolia Shenhong New Minerals Co., Ltd.Asian Metal Copyright The RRR cut will take effect on December 5 and is expected to inject 500 billion yuan 69.Asian Metal Copyright, a new green silicon carbide producer in China, would begin green silicon carbide production since next Monday, expecting an output of almost 800t in December.Asian Metal Copyright00mt in the previous month, up 127,838,650.Asian Metal Copyright They plan to start production of green silicon carbide next Monday and estimate the output to reach around 800t in December.Asian Metal Copyright1.Asian Metal Copyright They already completed the installation of the production line and would produce the first batch of green silicon carbide on 10th December.Asian Metal Copyright Contents 1 Market Highlights 3 2 Economy and Policy 3 3 Market Movements 3 3.Asian Metal Copyright With a present production capacity of 18,000tpy, the company plan to produce about 800t of green silicon carbide in December and expect 1,500t in January next year.Asian Metal Copyright2 Chinese black silicon carbide producers' output up down 1.Asian Metal Copyright They also keep black silicon carbide segment sand and powder production with a monthly output capacity of 2,000t.

    5 Producers Statistics

    5.1 Chinese black silicon carbide producers' statistics

    5.1.Asian Metal Copyright2 Inner Mongolia Shenhong to begin green silicon carbide production 6 5 Producers Statistics 6 5.Asian Metal Copyright1 Chinese black silicon carbide producers' operating rate down by 0.65%MoM in November
    In November 2022, Chinese black silicon carbide producers' operating rate was 49.89%, down by 0.Asian Metal Copyright00mt in the previous month, up 127,838,650.Asian Metal Copyright65% MoM and up by 0.Asian Metal Copyright04% and up by 11.Asian Metal Copyright34% YoY.

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

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


    In November 2022, the black silicon carbide producers' operating rate in Gansu was 48.3%, up by 2.Asian Metal Copyright3 Chinese green silicon carbide producers' inventory down by 2.Asian Metal Copyright31% MoM and down by 2.Asian Metal Copyright77mt of silicon carbide to Belgium, 412.Asian Metal Copyright52% YoY; that in Ningxia was 51.Asian Metal Copyright30% YoY.Asian Metal Copyright1%, down by 5.Asian Metal Copyright1.Asian Metal Copyright04% and up by 11.Asian Metal Copyright Chinese ferro-silicon 72%min Price Trend from 2022-10-10 to 2022-11-30 RMBt 8 Market Outlook for Next Month 8.Asian Metal Copyright71% YoY; that in other areas was 52.Asian Metal Copyright37% YoY and down 31.Asian Metal Copyright78%, down by 0.Asian Metal Copyright2.Asian Metal Copyright55% MoM and down by 24.Asian Metal Copyright2.Asian Metal Copyright74% YoY.

    5.1.Asian Metal Copyright2.Asian Metal Copyright2 Chinese black silicon carbide producers' output up down 1.28% MoM in November
    In November 2022, Chinese black silicon carbide producers' output was 84,600t, down by 1.28% MoM and down by 0.Asian Metal Copyright1 Black Silicon Carbide 88%min 0-10mm FOB China In late November, the mainstream export prices of Chinese black silicon carbide 88%min 0-10mm stood at USD1,060-1,090t Inc-VAT FOB China, up by USD10t from late last month.Asian Metal Copyright01% YoY.

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


    In November 2022, the black silicon carbide producers' output in Gansu was 41,900t, up by 5.00% MoM and up by 2.Asian Metal Copyright2.Asian Metal Copyright95% YoY; that in Ningxia was 31,000t, down by 8.Asian Metal Copyright28% MoM in November 6 5.Asian Metal Copyright82% MoM and up by 19.Asian Metal Copyright95% YoY; that in Ningxia was 31,000t, down by 8.Asian Metal Copyright23% YoY; that in other areas was 11,700t, down by 0.Asian Metal Copyright1.Asian Metal Copyright85% MoM and up by 29.Asian Metal Copyright2.Asian Metal Copyright09% YoY.

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


    5.1.Asian Metal Copyright5 Green Silicon Carbide 98.Asian Metal Copyright3 Chinese black silicon carbide producers' inventory down by 6.35% MoM in November
    In November 2022, Chinese black silicon carbide producers' inventory was 44,200t, down by 6.35% MoM and down by 11.Asian Metal Copyright13mt in the previous month, up 147.Asian Metal Copyright95% YoY.

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


    In November 2022, the black silicon carbide producers' inventory in Gansu was 16,900t, unchanged MoM and down by 36.47% YoY; that in Ningxia was 19,000t, unchanged MoM and up by 14.Asian Metal Copyright5 Green Silicon Carbide 98.Asian Metal Copyright46% YoY; that in other areas was 8,300t, down by 26.Asian Metal Copyright3 Black silicon carbide 98%min F16-100 EXW China 10 8.Asian Metal Copyright55% MoM and down up by 27.Asian Metal Copyright1.Asian Metal Copyright69% YoY.

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


    5.2 Chinese Green silicon carbide producers' statistics

    5.2.Asian Metal Copyright2.Asian Metal Copyright1 Chinese green silicon carbide producers' operating rate down by 2.94% MoM in November
    In November 2022, Chinese green silicon carbide producers operating rate was 30.97%, down by 2.Asian Metal Copyright5 Green silicon carbide 98%min F240 EXW China 10 8.Asian Metal Copyright94% MoM and up by 2.Asian Metal Copyright3.Asian Metal Copyright42% YoY.

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


    5.2.Asian Metal Copyright76mt of silicon carbide, 26,883.Asian Metal Copyright2 Chinese green silicon carbide producers' output down by 8.67% MoM in November
    In November 2022, Chinese green silicon carbide producers' output was 6,850t, down by 8.67% MoM and up by 12.Asian Metal Copyright3 Green Silicon Carbide 98%min F240 FOB China 5 3.Asian Metal Copyright29% YoY.

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


    5.2.Asian Metal Copyright Chinese black silicon carbide producers' operating rate from Nov 2021 to Nov 2022 % Chinese black silicon carbide producers' operating rate by province from Nov 2021 to Nov 2022 % In November 2022, the black silicon carbide producers' operating rate in Gansu was 48.Asian Metal Copyright3 Chinese green silicon carbide producers' inventory down by 2.67% MoM in November
    In November 2022, Chinese green silicon carbide producers' inventory was 10,900t, down by 2.67% MoM and up by 47.Asian Metal Copyright1.Asian Metal Copyright30% YoY.

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


    6 Custom Statistics

    6.1 China's silicon carbide export volume declined 23.87% MoM in Oct 2022
    In Oct 2022, China exported 28,406.76mt of silicon carbide, 26,883.Asian Metal Copyright24mt in the previous month, down 31.Asian Metal Copyright06mt in the same period last year and 37,314.Asian Metal Copyright2 Black silicon carbide 98%min F16-100 FOB China 10 8.Asian Metal Copyright10mt in the previous month, up 5.Asian Metal Copyright67% MoM in November In November 2022, Chinese green silicon carbide producers' inventory was 10,900t, down by 2.Asian Metal Copyright67% YoY and down 23.Asian Metal Copyright Green Silicon Carbide 98.Asian Metal Copyright87% MoM.
    In Oct 2022, China exported USD35,050,854.00 worth of silicon carbide, USD31,378,324.Asian Metal Copyright1 Black Silicon Carbide 88%min 0-10mm CIF Europe 5 4.Asian Metal Copyright00 in the same period last year and USD47,336,468.Asian Metal Copyright67% MoM and up by 47.Asian Metal Copyright00 in the previous month, up 11.Asian Metal Copyright48mt of silicon carbide to Japan, 5,924.Asian Metal Copyright70% YoY and down 25.Asian Metal Copyright1.Asian Metal Copyright95% MoM.Asian Metal Copyright14% YoY and down 13.Asian Metal Copyright The average price was USD1,233.89/mt, USD1,167.22/mt in the same period last year and USD1,268.59/mt in the previous month.
    In Jan-Oct 2022, China exported a total of 350,045.92mt of silicon carbide, 291,660.Asian Metal Copyright This policy would cut the financial costs of refractory companies.Asian Metal Copyright03mt in the same period last year, up 20.Asian Metal Copyright2.Asian Metal Copyright02% YoY.
    China's export volume of silicon carbide in previous 13 months

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

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

    China exported 11,619.02mt of silicon carbide to United States, 4,874.Asian Metal Copyright2.Asian Metal Copyright45mt in the same period last year and 17,023.Asian Metal Copyright67% MoM in November 8 5.Asian Metal Copyright92mt in the previous month, up 138.Asian Metal Copyright2.Asian Metal Copyright37% YoY and down 31.Asian Metal Copyright Owing to the firm domestic prices and the depreciating of US dollars against Chinese Yuan, most exporters increase their prices this month.Asian Metal Copyright75% MoM.Asian Metal Copyright3 Black silicon carbide 98%min F16-100 EXW China In late November, the prevailing prices of Chinese black silicon carbide 98%min F16-100 hovered at RMB10,700-11,000t USD1,534-1,577t Inc-VAT EXW DA 180 days, down by RMB200t USD28t from late last month.Asian Metal Copyright The average price was USD788.71/mt, USD765.41/mt in the same period last year and USD908.61/mt in the previous month, up 3.Asian Metal Copyright The average price was USD788.Asian Metal Copyright14% YoY and down 13.Asian Metal Copyright2 Black silicon carbide 98%min 10-30cm EXW China 10 8.Asian Metal Copyright20% MoM.

    China exported 4,032.48mt of silicon carbide to Japan, 5,924.Asian Metal Copyright67% MoM in November 8 6 Custom Statistics 8 6.Asian Metal Copyright74mt in the same period last year and 5,695.Asian Metal Copyright06mt in the same period last year and 37,314.Asian Metal Copyright24mt in the previous month, down 31.Asian Metal Copyright35mt, USD1,252.Asian Metal Copyright94% YoY and down 29.Asian Metal Copyright82% MoM.Asian Metal Copyright20% MoM.Asian Metal Copyright1 Chinese black silicon carbide producers' operating rate down by 0.Asian Metal Copyright The average price was USD2,259.97/mt, USD1,653.18/mt in the same period last year and USD2,096.25/mt in the previous month, up 36.Asian Metal Copyright85% MoM and up by 29.Asian Metal Copyright72% YoY and up 7.Asian Metal Copyright1 Chinese market 8.Asian Metal Copyright82% MoM.

    China exported 2,556.77mt of silicon carbide to Belgium, 412.Asian Metal Copyright2.Asian Metal Copyright00mt in the previous month, up 127,838,650.Asian Metal Copyright 8.Asian Metal Copyright00% YoY and up 520.Asian Metal Copyright65% MoM and up by 0.Asian Metal Copyright58% MoM.Asian Metal Copyright1.Asian Metal Copyright The average price was USD1,235.35/mt, USD1,252.13/mt in the previous month, up 147.Asian Metal Copyright1.Asian Metal Copyright00% YoY and down 1.Asian Metal Copyright59mt in the previous month.Asian Metal Copyright36% 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


    7 Relevant Industry News

    7.1 Chinese FeSi market
    In late November, the mainstream prices of Chinese FeSi 72%min stood at RMB8,000-8,200/t (USD1,147-1,175/t) EXW D/P, unchanged from late last month. The high prices of FeSi led to increased demand for metallurgical silicon carbide.

    Chinese ferro-silicon 72%min Price Trend from 2022-10-10 to 2022-11-30 (RMB/t)


    8 Market Outlook for Next Month

    8.1 Chinese market

    8.1.1 Black silicon carbide 88%min 0-10mm EXW China
    Although the market demand for black silicon carbide would stay soft in December, given the increasing production costs, the prices of this product would stay stable.

    8.1.2 Black silicon carbide 98%min 10-30cm EXW China
    Despite that the market demand for black silicon carbide would stay soft in December, considering the rising production costs, the prices of this product would stay firm.

    8.1.3 Black silicon carbide 98%min F16-100 EXW China
    Despite that the market demand for black silicon carbide would stay soft next month, in view of the rising production costs, the prices of this product would keep firm.

    8.1.Asian Metal Copyright2.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 December, 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 December, 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 December, 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 depreciating of US dollars against Chinese Yuan and the firm domestic prices, the export prices would increase accordingly next month.

    8.2.2 Black silicon carbide 98%min F16-100 FOB China
    In view of the depreciating of US dollars against Chinese Yuan and the stable domestic prices, the export prices would move up accordingly 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
    Encouraged by the increased prices in Chinese export market, the prices in European market would go up in the following month.


    .Asian Metal Copyright00% YoY and up 520Asian Metal Copyright
      Copyright © Asian Metal Ltd All rights reserved.