Monthly Silicon Carbide Market Report Dec 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 Copyright5%min F240 EXW China Price Trend from 2022-11-01 to 2022-12-30 RMBt 3.Asian Metal Copyright4 Green Silicon Carbide 98.5%min 10-30mm EXW China 4
3.1.Asian Metal Copyright2 Chinese green silicon carbide producers' output up by 11.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 5
4.1 Shimianxian Tenglong resumed green silicon carbide production 5
4.2 Tianzhu Juxin resumed black silicon carbide production 6
5 Producers Statistics 6
5.1 Chinese black silicon carbide producers' statistics 6
5.1.Asian Metal Copyright92mt of silicon carbide, 331,328.Asian Metal Copyright1 Chinese black silicon carbide producers' operating rate down by 0.53%MoM in December 6
5.1.Asian Metal Copyright2 Chinese Export Market 4 3.Asian Metal Copyright2 Chinese black silicon carbide producers' output up down 1.08% MoM in December 6
5.1.Asian Metal Copyright77% YoY.Asian Metal Copyright3 Chinese black silicon carbide producers' inventory up by 2.22% MoM in December 7
5.2 Chinese Green silicon carbide producers' statistics 7
5.2.Asian Metal Copyright1.Asian Metal Copyright1 Chinese green silicon carbide producers' operating rate up by 3.62% MoM in December 7
5.2.Asian Metal Copyright2.Asian Metal Copyright2 Chinese green silicon carbide producers' output up by 11.67% MoM in December 8
5.2.Asian Metal Copyright78% YoY; that in other areas was 7,300t, down by 12.Asian Metal Copyright3 Chinese green silicon carbide producers' inventory down by 9.17% MoM in December 8
6 Custom Statistics 8
6.1 China's silicon carbide export volume declined 23.87% MoM in Nov 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 Copyright71mt, USD512.Asian Metal Copyright4 Green silicon carbide 98.5%min 10-30cm EXW China 9
8.1.5 Green silicon carbide 98%min F240 EXW China 9
8.1.6 Green silicon carbide 98%min JIS2000 EXW China 9
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 but firm production costs, most producers firmed their prices for black silicon carbide this month.

Owing to the firm domestic prices and the soft market demand, most exporters kept their prices unchanged this month.

Green silicon carbide
Given the weak market demand but firm production costs, most producers insisted on their prices this month.

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 December 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 Copyright1 China's central bank to cut RRR by 0.Asian Metal Copyright8%.Asian Metal Copyright1 Chinese black silicon carbide producers' operating rate down by 0.Asian Metal Copyright The RRR cut will take effect on December 5 and is expected to inject 500 billion yuan (69.Asian Metal Copyright1.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 December, 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 2022-11-01 to 2022-12-30 (RMB/t)


3.1.2 Black Silicon Carbide 98%min 10-30mm EXW China
In late December, 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, unchanged from late last month. Considering the sluggish market demand but high production costs, most producers insisted on their prices.

Black Silicon Carbide 98%min 10-30mm EXW China Price Trend from 2022-11-01 to 2022-12-30 (RMB/t)


3.1.3 Black silicon carbide 98%min F16-100 EXW China
In late December, 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, unchanged from late last month. Given the sluggish market demand but high production costs, most producers kept their prices unchanged.

Black silicon carbide 98%min F16-100 EXW China Price Trend from 2022-11-01 to 2022-12-30 (RMB/t)


3.1.Asian Metal Copyright20% MoM.Asian Metal Copyright4 Green Silicon Carbide 98.5%min 10-30mm EXW China
In late December, 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, unchanged from late last month.Asian Metal Copyright1 China's silicon carbide export volume declined 23.Asian Metal Copyright Given the sluggish market demand but high petroleum coke prices, most producers firmed their prices.

Green Silicon Carbide 98.5%min 10-30mm EXW China Price Trend from 2022-11-01 to 2022-12-30 (RMB/t)


3.1.Asian Metal Copyright1.Asian Metal Copyright5 Green Silicon Carbide 98.5%min F240 EXW China
In late December, 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 Copyright53% MoM and up by 18.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 2022-11-01 to 2022-12-30 (RMB/t)


3.1.6 Green Silicon Carbide 98%min JIS2000 EXW China
In late December, 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 Copyright17mt, USD992.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 2022-11-01 to 2022-12-30 (RMB/t)


3.2 Chinese Export Market

3.2.1 Black Silicon Carbide 88%min 0-10mm FOB China
In late December, the mainstream export prices of Chinese black silicon carbide 88%min 0-10mm stood at USD1,060-1,090/t Inc-VAT FOB China, unchanged from late last month. Given the sluggish market demand but stable domestic prices, most exporters firmed their prices.

Black Silicon Carbide 88%min 0-10mm FOB China Price Trend from 2022-11-01 to 2022-12-30 (USD/t)


3.2.2 Black Silicon Carbide 98%min F16-100 FOB China
In late December, the mainstream export prices of Chinese black silicon carbide 98%min F16-100 stood at USD1,640-1,670/t Inc-VAT FOB China, unchanged from late last month. Given the sluggish market demand but stable domestic prices, most exporters firmed their prices.

Black Silicon Carbide 98%min F16-100 FOB China Price Trend from 2022-11-01 to 2022-12-30 (USD/t)


3.2.3 Green Silicon Carbide 98%min F240 FOB China
In late December, 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 2022-11-01 to 2022-12-30 (USD/t)


3.2.4 Green Silicon Carbide 98%min JIS2000 FOB China
In late December, 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 2022-11-01 to 2022-12-30 (USD/t)


3.3 International Market

3.3.1 Black Silicon Carbide 88%min 0-10mm CIF Europe
In late December, the mainstream prices of black silicon carbide 88%min 0-10mm hovered at EUR1,210-1,260/t CIF Europe, unchanged from late last month. Given the sluggish market demand but stable domestic prices, most European sellers firmed their prices.

Black Silicon Carbide 88%min 0-10mm Delivered Europe Price Trend from 2022-11-01 to 2022-12-30 (EUR/t)


4. Company News

4.1 Shimianxian Tenglong resumed green silicon carbide production
A major green silicon carbide producer in China, Shimianxian Tenglong Solar Materials Co., Ltd.Asian Metal Copyright1 China's central bank to cut RRR by 0.Asian Metal Copyright resumed green silicon carbide production on 5th December, expecting an output of nearly 400t in December.Asian Metal Copyright35mt, USD577.Asian Metal Copyright They halted production on 8th November due to furnace maintenance and resumed production on 5th December.Asian Metal Copyright 3 Market Movements 3.Asian Metal Copyright Their output in December would reach about 400t.Asian Metal Copyright 8.Asian Metal CopyrightWith a current production capacity of 6,000tpy, the company produced about 3,000t of green silicon carbide in 2021 and expected to produce about 2,000t of green silicon carbide this year.Asian Metal Copyright Most exporters firmed their prices this month given the soft overseas buyers' demand and steady domestic prices.Asian Metal Copyright They hold no inventory at present.

4.2 Tianzhu Juxin resumed black silicon carbide production
Tianzhu Juxin Silicon Carbide Co., Ltd.Asian Metal Copyright6 Green Silicon Carbide 98%min JIS2000 EXW China In late December, the mainstream prices of Chinese green silicon carbide 98.Asian Metal Copyright, a major black silicon carbide producer in China, resumed black silicon carbide production on 7th December and expects to produce about 600t in December.Asian Metal Copyright4 Green Silicon Carbide 98.Asian Metal Copyright They suspended production on 22nd July for equipment upgrading and resumed production on 7th December after the inspection of government.Asian Metal Copyright74% MoM.Asian Metal Copyright They expect an output of nearly 600t in December and would reach full operation in January next year.Asian Metal Copyright53%MoM in December 6 5.Asian Metal Copyright With a production capacity of 20,000tpy, the company produced about 5,000t so far this year compared to about 15,000t in 2021.Asian Metal Copyright resumed green silicon carbide production on 5th December, expecting an output of nearly 400t in December.Asian Metal Copyright Currently they hold no stock.

5 Producers Statistics

5.1 Chinese black silicon carbide producers' statistics

5.1.Asian Metal Copyright Black silicon carbide 98%min F16-100 EXW China Price Trend from 2022-11-01 to 2022-12-30 RMBt 3.Asian Metal Copyright1 Chinese black silicon carbide producers' operating rate down by 0.53%MoM in December
In December 2022, Chinese black silicon carbide producers' operating rate was 48.47%, down by 0.Asian Metal Copyright70% YoY and up 2.Asian Metal Copyright53% MoM and up by 18.Asian Metal Copyright1.Asian Metal Copyright37% YoY.

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

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


In December 2022, the black silicon carbide producers' operating rate in Gansu was 47.72%, up by 0.Asian Metal Copyright Black Silicon Carbide 98%min 10-30mm EXW China Price Trend from 2022-11-01 to 2022-12-30 RMBt 3.Asian Metal Copyright55% MoM and up by 19.Asian Metal Copyright They expect an output of nearly 600t in December and would reach full operation in January next year.Asian Metal Copyright46% YoY; that in Ningxia was 46.Asian Metal Copyright1 Black silicon carbide 88%min 0-10mm EXW China Although the market demand for black silicon carbide would stay soft in January, given the increasing production costs, the prices of this product would stay stable.Asian Metal Copyright15%, down by 4.Asian Metal Copyright53%MoM in December 6 5.Asian Metal Copyright13% and up by 29.Asian Metal Copyright2.Asian Metal Copyright47% YoY; that in other areas was 57.Asian Metal Copyright 5 Producers Statistics 5.Asian Metal Copyright74%, up by 5.Asian Metal Copyright4 Green Silicon Carbide 98.Asian Metal Copyright05% MoM and down by 6.Asian Metal Copyright2 Black Silicon Carbide 98%min 10-30mm EXW China 3 3.Asian Metal Copyright80% YoY.

5.1.Asian Metal Copyright1.Asian Metal Copyright2 Chinese black silicon carbide producers' output up down 1.08% MoM in December
In December 2022, Chinese black silicon carbide producers' output was 82,200t, down by 1.08% MoM and up by 59.Asian Metal Copyright2 Chinese Export Market 4 3.Asian Metal Copyright77% YoY.

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


In December 2022, the black silicon carbide producers' output in Gansu was 41,400t, up by 1.22% MoM and up by 80.Asian Metal Copyright5%min 10-30cm EXW China 9 8.Asian Metal Copyright39% YoY; that in Ningxia was 28,000t, down by 8.Asian Metal Copyright1 Black Silicon Carbide 88%min 0-10mm FOB China In late December, the mainstream export prices of Chinese black silicon carbide 88%min 0-10mm stood at USD1,060-1,090t Inc-VAT FOB China, unchanged from late last month.Asian Metal Copyright20% MoM and up by 154.Asian Metal Copyright Green Silicon Carbide 98%min JIS2000 EXW China Price Trend from 2022-11-01 to 2022-12-30 RMBt 3.Asian Metal Copyright54% YoY; that in other areas was 12,800t, up by 9.Asian Metal Copyright Chinese black silicon carbide producers' inventory from Dec 2021 to Dec 2022 t In December 2022, the black silicon carbide producers' inventory in Gansu was 17,900t, up by 17.Asian Metal Copyright45% MoM and up by 220.Asian Metal Copyright1 Chinese FeSi market In late December, the mainstream prices of Chinese FeSi 72%min stood at RMB8,000-8,200t USD1,147-1,175t EXW DP, unchanged from late last month.Asian Metal Copyright00% YoY.

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


5.1.Asian Metal Copyright2 Chinese black silicon carbide producers' output up down 1.Asian Metal Copyright3 Chinese black silicon carbide producers' inventory up by 2.22% MoM in December
In December 2022, Chinese black silicon carbide producers' inventory was 41,400t, up by 2.22% MoM and down by 20.Asian Metal Copyright The average price was USD1,845.Asian Metal Copyright99% YoY.

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


In December 2022, the black silicon carbide producers' inventory in Gansu was 17,900t, up by 17.76% MoM and down by 31.Asian Metal Copyright25mt in the previous month, up 12.Asian Metal Copyright41% YoY; that in Ningxia was 16,200t, down by 4.Asian Metal Copyright In consideration of the buyers' weak demand but high production costs, most processing plants still kept their prices unchanged.Asian Metal Copyright70% MoM and up by 32.Asian Metal Copyright They expect an output of nearly 600t in December and would reach full operation in January next year.Asian Metal Copyright78% YoY; that in other areas was 7,300t, down by 12.Asian Metal Copyright1 Black Silicon Carbide 88%min 0-10mm EXW China 3 3.Asian Metal Copyright04% MoM and up up by 135.Asian Metal Copyright24mt in the previous month, down 26.Asian Metal Copyright69% YoY.

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


5.2 Chinese Green silicon carbide producers' statistics

5.2.Asian Metal Copyright The average price was USD1,217.Asian Metal Copyright1 Chinese green silicon carbide producers' operating rate up by 3.62% MoM in December
In December 2022, Chinese green silicon carbide producers operating rate was 34.59%, up by 3.Asian Metal Copyright The RRR cut will take effect on December 5 and is expected to inject 500 billion yuan 69.Asian Metal Copyright62% MoM and up by 14.Asian Metal Copyright2 Chinese green silicon carbide producers' output up by 11.Asian Metal Copyright82% YoY.

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


5.2.Asian Metal Copyright .Asian Metal Copyright2 Chinese green silicon carbide producers' output up by 11.67% MoM in December
In December 2022, Chinese green silicon carbide producers' output was 7,650t, up by 11.67% MoM and up by 82.Asian Metal Copyright00mt in the previous month, up 127,838,650.Asian Metal Copyright14% YoY.

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


5.2.Asian Metal Copyright72%, up by 0.Asian Metal Copyright3 Chinese green silicon carbide producers' inventory down by 9.17% MoM in December
In December 2022, Chinese green silicon carbide producers' inventory was 9,900t, down by 9.17% MoM and up by 37.Asian Metal Copyright3 Black silicon carbide 98%min F16-100 EXW China 3 3.Asian Metal Copyright50% YoY.

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


6 Custom Statistics

6.1 China's silicon carbide export volume declined 23.87% MoM in Nov 2022
In Nov 2022, China exported 29,470.00mt of silicon carbide, 39,668.Asian Metal Copyright77% YoY.Asian Metal Copyright06mt in the same period last year and 28,406.Asian Metal Copyright4 Green Silicon Carbide 98.Asian Metal Copyright10mt in the previous month, down 25.Asian Metal Copyright70% YoY and up 3.Asian Metal Copyright70% YoY and up 3.Asian Metal Copyright1 Black Silicon Carbide 88%min 0-10mm CIF Europe In late December, the mainstream prices of black silicon carbide 88%min 0-10mm hovered at EUR1,210-1,260t CIF Europe, unchanged from late last month.Asian Metal Copyright74% MoM.
In Nov 2022, China exported USD35,870,037.00 worth of silicon carbide, USD39,360,859.Asian Metal Copyright The RRR cut will take effect on December 5 and is expected to inject 500 billion yuan 69.Asian Metal Copyright00 in the same period last year and USD35,050,854.Asian Metal Copyright1 Chinese Market 3.Asian Metal Copyright00 in the previous month, down 8.Asian Metal Copyright Chinese green silicon carbide producers' inventory from Dec 2021 to Dec 2022 t 6 Custom Statistics 6.Asian Metal Copyright70% YoY and up 2.Asian Metal Copyright22% MoM in December In December 2022, Chinese black silicon carbide producers' inventory was 41,400t, up by 2.Asian Metal Copyright95% MoM.Asian Metal Copyright Considering the dormant overseas market demand but the firm domestic prices, most exporters stuck to their prices.Asian Metal Copyright The average price was USD1,217.17/mt, USD992.24/mt in the same period last year and USD1,233.92/mt in the previous month.
In Jan-Nov 2022, China exported a total of 379,515.92mt of silicon carbide, 331,328.Asian Metal Copyright 4.Asian Metal Copyright03mt in the same period last year, up 14.Asian Metal Copyright2.Asian Metal Copyright50% YoY.
China's export volume of silicon carbide in previous 13 months


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

China exported 7,435.02mt of silicon carbide to United States, 15,100.Asian Metal Copyright 8.Asian Metal Copyright45mt in the same period last year and 11,619.Asian Metal Copyright2.Asian Metal Copyright92mt in the previous month, down 50.Asian Metal Copyright2 Black Silicon Carbide 98%min 10-30mm EXW China In late December, the prevailing prices of Chinese black silicon carbide 98%min 10-30cm hovered at RMB8,500-8,800t USD1,219-1,262t Inc-VAT EXW DA 180 days, unchanged from late last month.Asian Metal Copyright76% YoY and down 31.Asian Metal Copyright2.Asian Metal Copyright75% MoM.Asian Metal Copyright China exported 7,435.Asian Metal Copyright The average price was USD973.71/mt, USD512.41/mt in the same period last year and USD788.61/mt in the previous month, up 78.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 December, the prices of green silicon carbide would keep unchanged next month.Asian Metal Copyright14% YoY and up 17.Asian Metal Copyright5 Green Silicon Carbide 98.Asian Metal Copyright20% MoM.

China exported 5,926.48mt of silicon carbide to Japan, 8,531.Asian Metal Copyright86% YoY and down 66.Asian Metal Copyright74mt in the same period last year and 4,032.Asian Metal Copyright1.Asian Metal Copyright24mt in the previous month, down 26.Asian Metal Copyright14% YoY and up 17.Asian Metal Copyright94% YoY and up 48.Asian Metal Copyright53%MoM in December 6 5.Asian Metal Copyright20% MoM.Asian Metal Copyright53% MoM and up by 18.Asian Metal Copyright The average price was USD1,845.97/mt, USD1,605.18/mt in the same period last year and USD2,260.25/mt in the previous month, up 12.Asian Metal Copyright5%min 10-30mm EXW China Price Trend from 2022-11-01 to 2022-12-30 RMBt 3.Asian Metal Copyright72% YoY and down 32.Asian Metal Copyright2.Asian Metal Copyright82% MoM.

China exported 4,526.77mt of silicon carbide to Mexico, 2,960.Asian Metal Copyright1.Asian Metal Copyright74mt in the same period last year and 186.Asian Metal Copyright1.Asian Metal Copyright00mt in the previous month, up 127,838,650.Asian Metal Copyright1 Chinese Market 3 3.Asian Metal Copyright00% YoY and up 520.Asian Metal Copyright3 International market 8.Asian Metal Copyright58% MoM.Asian Metal Copyright92mt in the previous month.Asian Metal Copyright The average price was USD631.35/mt, USD577.18/mt in the same period last year and USD1,858.13/mt in the previous month, up 19.Asian Metal Copyright2 Chinese black silicon carbide producers' output up down 1.Asian Metal Copyright86% YoY and down 66.Asian Metal Copyright 8.Asian Metal Copyright36% MoM.

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


7 Relevant Industry News

7.1 Chinese FeSi market
In late December, 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 2022-11-01 to 2022-12-30 (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 January, 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 January, 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 Copyright Chinese black silicon carbide producers' operating rate from Dec 2021 to Dec 2022 % Chinese black silicon carbide producers' operating rate by province from Dec 2021 to Dec 2022 % In December 2022, the black silicon carbide producers' operating rate in Gansu was 47.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 firm domestic prices, the export prices would flatten next month.

8.2.2 Black silicon carbide 98%min F16-100 FOB China
In view of the stable domestic prices, the export prices would keep stable 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
Given the stable prices in Chinese export market, the prices in European market would go steady in the following month.


.Asian Metal Copyright8%Asian Metal Copyright