Monthly Silicon Carbide Market Report Feb 2023

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 4
3.1.Asian Metal Copyright49% MoM and up by 12.Asian Metal Copyright4 Green Silicon Carbide 98.5%min 10-30mm EXW China 4
3.1.Asian Metal Copyright With a current production capacity of 18,000tpy, the company produced around 10,000t of green silicon carbide in 2022, on par with that of 2021.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 5
3.2.1 Black Silicon Carbide 88%min 0-10mm FOB China 5
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 6
3.3.1 Black Silicon Carbide 88%min 0-10mm CIF Europe 6
4. Company News 6
4.1 Xinjiang Longtenghaitai plans to resume green silicon carbide production 6
4.2 Xinnengtianyuan resumed green silicon carbide production 6
4.3 Xinjiang Yinaite resumed green silicon carbide production 6
4.4 Inner Mongolia Shenhong put into green silicon carbide production 6
4.5 Baijiachangwei to start black silicon carbide processing 6
5 Producers Statistics 7
5.1 Chinese black silicon carbide producers' statistics 7
5.1.Asian Metal Copyright1 Black Silicon Carbide 88%min 0-10mm CIF Europe 6 4.Asian Metal Copyright1 Chinese black silicon carbide producers' operating rate up by 5.07%MoM in February 7
5.1.Asian Metal Copyright3 Chinese green silicon carbide producers' inventory down by 4.Asian Metal Copyright2 Chinese black silicon carbide producers' output up by 9.67% MoM in February 7
5.1.Asian Metal Copyright1 Xinjiang Longtenghaitai plans to resume green silicon carbide production 6 4.Asian Metal Copyright3 Chinese black silicon carbide producers' inventory up by 10.28% MoM in February 8
5.2 Chinese Green silicon carbide producers' statistics 8
5.2.Asian Metal Copyright1 Black Silicon Carbide 88%min 0-10mm EXW China In late February, the mainstream prices of Chinese black silicon carbide 88%min 0-10mm stood at RMB6,400-6,700t USD926-970t Inc-VAT EXW DA 180 days, down by RMB100t USD15t from late last month.Asian Metal Copyright1 Chinese green silicon carbide producers' operating rate down by 27.76% MoM in February 8
5.2.Asian Metal Copyright2 Black Silicon Carbide 98%min F16-100 FOB China 5 3.Asian Metal Copyright2 Chinese green silicon carbide producers' output down by 80.39% MoM in February 8
5.2.Asian Metal Copyright3 Chinese green silicon carbide producers' inventory down by 4.Asian Metal Copyright3 Chinese green silicon carbide producers' inventory down by 4.95% MoM in February 9
6 Relevant Industry News 9
6.1 Chinese FeSi market 9
7 Market Outlook for Next Month 9
7.1 Chinese market 9
7.1.1 Black silicon carbide 88%min 0-10mm EXW China 9
7.1.2 Black silicon carbide 98%min 10-30cm EXW China 9
7.1.3 Black silicon carbide 98%min F16-100 EXW China 9
7.1.Asian Metal Copyright The remaining rectification tasks are being actively and orderly promoted.Asian Metal Copyright4 Green silicon carbide 97.5%min 10-30cm EXW China 9
7.1.5 Green silicon carbide 98%min F240 EXW China 9
7.1.6 Green silicon carbide 98%min JIS2000 EXW China 9
7.2 Chinese export market 10
7.2.1 Black silicon carbide 88%min 0-10mm FOB China 10
7.2.2 Black silicon carbide 98%min F16-100 FOB China 10
7.2.3 Green silicon carbide 98%min F240 FOB China 10
7.2.4 Green silicon carbide 98%min JIS2000 FOB China 10
7.3 International market 10
7.3.1 Black silicon carbide 88%min 0-10mm CIF Europe 10






























1 Market Highlights

Black silicon carbide
Most producers cut their prices to boost sales in early February due to the sluggish market demand, but given the lifted electricity charge, they raised their prices slightly since mid-February.

Most exporters cut their prices down in early Feb due to the sluggish market demand, but given the lifted domestic prices, they raised their prices since mid-Feb.

Green silicon carbide
Given the dropped petroleum coke prices and the sluggish market demand, most producers cut their prices to boost sales.

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

2 Economy and Policy

2.1 MEE: Nearly 60% of rectification plan for second round of central environmental supervision completed
According to the Ministry of Ecology and Environment (MEE), on February 9, 2023, Jiangsu, Inner Mongolia and Tibet announced their rectification plans. So far, the second round of the rectification plan of the central ecological and environmental protection supervision are all made public.Asian Metal Copyright Their output in this month would reach around 2,500t.Asian Metal Copyright A total of 2,164 rectification tasks were specified in the second round of the rectification plan, and 1,275 tasks were completed by the end of 2022 according to the dispatching situation, with a completion rate of nearly 60%.Asian Metal Copyright 5.Asian Metal Copyright The remaining rectification tasks are being actively and orderly promoted.

The completion of the environmental supervision would encourage the stable development of refractory and abrasive industry.

2.2 Beijing-Tianjin-Hebei Region's economic aggregate exceeds RMB1 billion
The overall economy of the Beijing-Tianjin-Hebei Region reaches a new level after the coordinated development initiative of the region has been implemented. The relevant data shows that in 2022 the region's GDP totaled RMB10 trillion (USD1.Asian Metal Copyright Most producers lowered their prices to boost sales in early February due to the sluggish market demand, but given the lifted electricity charge, they increased their prices since mid-February.Asian Metal Copyright45 trillion), 1.Asian Metal Copyright Black Silicon Carbide 88%min 0-10mm FOB China Price Trend from 2023-01-01 to 2023-02-28 USDt 3.Asian Metal Copyright8 times as large as that of 2013 on the basis of current prices.Asian Metal Copyright67% MoM and up by 10.Asian Metal Copyright And meanwhile, the GDP of Beijing and Hebei both reached RMB4.Asian Metal Copyright1 Xinjiang Longtenghaitai plans to resume green silicon carbide production 6 4.Asian Metal Copyright2 trillion (USD0.Asian Metal Copyright Chinese green silicon carbide producers' operating rate from Feb 2022 to Feb 2023 t 5.Asian Metal Copyright61 trillion), 2.Asian Metal Copyright Company News 6 4.Asian Metal Copyright0 and 1.Asian Metal Copyright2.Asian Metal Copyright7 times as large as the GDP in 2013 respectively.

As an important refractory materials consumption base, the rapid development of this area would boost the demand of refractory market.

3 Market Movements

3.1 Chinese Market
3.1.1 Black Silicon Carbide 88%min 0-10mm EXW China
In late February, the mainstream prices of Chinese black silicon carbide 88%min 0-10mm stood at RMB6,400-6,700/t (USD926-970/t) Inc-VAT EXW D/A 180 days, down by RMB100/t (USD15/t) from late last month. Most producers cut their prices to boost sales in early February due to the sluggish market demand, but given the lifted electricity charge, they raised their prices slightly since mid-February.

Black Silicon Carbide 88%min 0-10mm EXW China Price Trend from 2023-01-01 to 2023-02-28 (RMB/t)


3.1.2 Black Silicon Carbide 98%min 10-30mm EXW China
In late February, the prevailing prices of Chinese black silicon carbide 98%min 10-30cm hovered at RMB8,400-8,700/t (USD1,216-1,259/t) Inc-VAT EXW D/A 180 days, unchanged from late last month. Most producers cut their prices to boost sales in early February due to the sluggish market demand, but given the lifted electricity charge, they raised their prices since mid-February.

Black Silicon Carbide 98%min 10-30mm EXW China Price Trend from 2023-01-01 to 2023-02-28 (RMB/t)


3.1.3 Black silicon carbide 98%min F16-100 EXW China
In late February, the prevailing prices of Chinese black silicon carbide 98%min F16-100 hovered at RMB10,700-11,000/t (USD1,549-1,592/t) Inc-VAT EXW D/A 180 days, unchanged from late last month. Most producers lowered their prices to boost sales in early February due to the sluggish market demand, but given the lifted electricity charge, they increased their prices since mid-February.

Black silicon carbide 98%min F16-100 EXW China Price Trend from 2023-01-01 to 2023-02-28 (RMB/t)


3.1.Asian Metal Copyright They hold stocks of nearly 400t at present.Asian Metal Copyright4 Green Silicon Carbide 98.5%min 10-30mm EXW China
In late February, the mainstream prices of Chinese green silicon carbide 98.5%min F240 stood at RMB14,800-15,000/t (USD2,143-2,171/t) Inc-VAT EXW D/A 180 days, down by RMB300/t (USD43/t) from late last month.Asian Metal Copyright4 Green silicon carbide 97.Asian Metal Copyright Given the dropped petroleum coke prices and the sluggish market demand, most producers cut their prices to boost sales.

Green Silicon Carbide 98.5%min 10-30mm EXW China Price Trend from 2023-01-01 to 2023-02-28 (RMB/t)


3.1.Asian Metal Copyright3.Asian Metal Copyright5 Green Silicon Carbide 98.5%min F240 EXW China
In late February, the prevailing prices of Chinese green silicon carbide 98.5%min F240 stood at RMB20,500-21,000/t (USD2,968-3,040/t) Inc-VAT EXW D/A 180 days, down by RMB300/t (USD43/t) from late last month.Asian Metal Copyright2.Asian Metal Copyright Given the dropped lump prices and the sluggish market demand, most producers cut their prices to boost sales.

Green Silicon Carbide 98.5%min F240 EXW China Price Trend from 2023-01-01 to 2023-02-28 (RMB/t)


3.1.6 Green Silicon Carbide 98%min JIS2000 EXW China
In late February, the mainstream prices of Chinese green silicon carbide 98.5%min JIS2000 stood at RMB26,700-27,700/t (USD3,865-4,010/t) Inc-VAT EXW D/A 180 days, down by RMB300/t (USD43/t) from late last month.Asian Metal Copyright Black silicon carbide 98%min F16-100 EXW China Price Trend from 2023-01-01 to 2023-02-28 RMBt 3.Asian Metal Copyright Given the dropped lump prices and the sluggish market demand, most producers cut their prices to compete for orders.

Green Silicon Carbide 98%min JIS2000 EXW China Price Trend from 2023-01-01 to 2023-02-28 (RMB/t)


3.2 Chinese Export Market

3.2.1 Black Silicon Carbide 88%min 0-10mm FOB China
In late February, 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. Most exporters cut their prices down in early Feb due to the sluggish market demand, but given the lifted domestic prices, they raised their prices since mid-Feb.

Black Silicon Carbide 88%min 0-10mm FOB China Price Trend from 2023-01-01 to 2023-02-28 (USD/t)


3.2.2 Black Silicon Carbide 98%min F16-100 FOB China
In late February, the mainstream export prices of Chinese black silicon carbide 98%min F16-100 stood at USD1,670-1,700/t Inc-VAT FOB China, up by USD30/t from late last month. Most exporters, given the lifted domestic prices, raised their prices since mid-Feb.

Black Silicon Carbide 98%min F16-100 FOB China Price Trend from 2023-01-01 to 2023-02-28 (USD/t)


3.2.3 Green Silicon Carbide 98%min F240 FOB China
In late February, the mainstream export prices of Chinese green silicon carbide 98%min F240 stood at USD3,300-3,400/t Inc-VAT FOB China, down by USD40/t from late last month. Given the sluggish overseas market demand and the dropped domestic prices, most exporters cut their prices to boost sales.

Green Silicon Carbide 98%min F240 FOB China Price Trend from 2023-01-01 to 2023-02-28 (USD/t)


3.2.4 Green Silicon Carbide 98%min JIS2000 FOB China
In late February, the mainstream export prices of Chinese green silicon carbide 98%min JIS2000 stood at USD4,300-4,400/t Inc-VAT FOB China, down by USD50/t from late last month. Given the sluggish overseas market demand and the dropped domestic prices, most exporters cut their prices to boost sales.

Green Silicon Carbide 98%min JIS2000 FOB China Price Trend from 2023-01-01 to 2023-02-28 (USD/t)


3.3 International Market

3.3.1 Black Silicon Carbide 88%min 0-10mm CIF Europe
In late February, the mainstream prices of black silicon carbide 88%min 0-10mm hovered at EUR1,230-1,280/t CIF Europe, up by EUR20/t from late last month. Given the raised export prices and rising RMB exchange rate, most European sellers slightly raised their prices.

Black Silicon Carbide 88%min 0-10mm Delivered Europe Price Trend from 2023-01-01 to 2023-02-28 (EUR/t)


4. Company News

4.1 Xinjiang Longtenghaitai plans to resume green silicon carbide production
Xinjiang Longtenghaitai Ceramics Technology Co., Ltd.Asian Metal Copyright2 Black silicon carbide 98%min F16-100 FOB China In view of the stable domestic prices, the export prices would keep stable next month.Asian Metal Copyright, one of the major green silicon carbide producers in China, plans to resume green silicon carbide production on 15th February, expect no output this month.Asian Metal Copyright2 Black Silicon Carbide 98%min F16-100 FOB China In late February, the mainstream export prices of Chinese black silicon carbide 98%min F16-100 stood at USD1,670-1,700t Inc-VAT FOB China, up by USD30t from late last month.Asian Metal Copyright They halted production on 10th January for Spring Festival holiday and produced about 400t in January.Asian Metal Copyright67% MoM and up by 66.Asian Metal Copyright They need about three weeks to produce the first batch of products.Asian Metal Copyright Most exporters firmed their prices this month given the soft overseas buyers' demand and steady domestic prices.Asian Metal Copyright With a current production capacity of 18,000tpy, the company produced around 10,000t of green silicon carbide in 2022, on par with that of 2021.Asian Metal Copyright5%min 10-30cm EXW China Considering that the petroleum coke prices in Xinjiang stay high in late Febraury, the prices of green silicon carbide would stay firm in the following month.Asian Metal Copyright They hold stocks of nearly 400t at present.

4.2 Xinnengtianyuan resumed green silicon carbide production
The largest green silicon carbide producer in China, Xinjiang Xinnengtianyuan Silicon carbide Co., Ltd.Asian Metal Copyright Most producers cut their prices to boost sales in early February due to the sluggish market demand, but given the lifted electricity charge, they raised their prices since mid-February.Asian Metal Copyright resumed green silicon carbide production on 6th Feb, expect to produce nearly 2,500t in February.Asian Metal Copyright33% YoY.Asian Metal Copyright They halted production on 30th December due to the dim end market and resumed production on 6th February.Asian Metal Copyright resumed green silicon carbide production on 13th February, plan to produce nearly 1,700t this month.Asian Metal Copyright Their output in this month would reach around 2,500t.Asian Metal Copyright1.Asian Metal Copyright With a current production capacity of 72,000tpy, the company produced about 35,000t of green silicon carbide this year, compared to about 33,000t last year.Asian Metal Copyright Chinese black silicon carbide producers' output by province from Feb 2022 to Feb 2023 t 5.Asian Metal Copyright They hold an inventory of nearly 5,000t at present.

4.3 Xinjiang Yinaite resumed green silicon carbide production
One of the major green silicon carbide producers in China, Xinjiang Yinaite New Energy Co., Ltd.Asian Metal Copyright They also keep black silicon carbide segment sand and powder production with a monthly output capacity of 2,000t.Asian Metal Copyright resumed green silicon carbide production on 13th February, plan to produce nearly 1,700t this month.Asian Metal Copyright2 Chinese export market 10 7.Asian Metal Copyright They halted production on 20th December due to the dim end market and resumed on 13th February.Asian Metal Copyright2 Xinnengtianyuan resumed green silicon carbide production 6 4.Asian Metal Copyright Their output in February would reach around 1,200t.Asian Metal Copyright Given the dropped lump prices and the sluggish market demand, most producers cut their prices to compete for orders.Asian Metal Copyright With a current production capacity of 45,000tpy, the company produced around 11,000t of green silicon carbide in 2022, compared to approximately 17,000t in 2021.Asian Metal Copyright2 Chinese green silicon carbide producers' output down by 80.Asian Metal Copyright They hold no inventory at present.

4.4 Inner Mongolia Shenhong put into green silicon carbide production
Inner Mongolia Shenhong New Minerals Co., Ltd.Asian Metal Copyright Given the sluggish overseas market demand and the dropped domestic prices, most exporters cut their prices to boost sales.Asian Metal Copyright, a new green silicon carbide producer in China, put into green silicon carbide production since early February, expecting an output of almost 700t in February.Asian Metal Copyright 7.Asian Metal Copyright They started production of green silicon carbide early this month and estimate the output to reach about 700t in February.Asian Metal Copyright3 Green Silicon Carbide 98%min F240 FOB China In late February, the mainstream export prices of Chinese green silicon carbide 98%min F240 stood at USD3,300-3,400t Inc-VAT FOB China, down by USD40t from late last month.Asian Metal Copyright They are in polit production and would produce about 1,500t a month after official production in late March.Asian Metal Copyright2.Asian Metal Copyright With a current production capacity of 18,000tpy, the company plan to produce about 700t in February and expect 1,500t next month.Asian Metal Copyright They halted production on 10th January for Spring Festival holiday and produced about 400t in January.Asian Metal Copyright They also keep black silicon carbide segment sand and powder production with a monthly output capacity of 2,000t.

4.5 Baijiachangwei to start black silicon carbide processing
A major black silicon carbide producer in China, Lanzhou Baijiachangwei Alloy Co., Ltd.Asian Metal Copyright23% YoY; that in other areas was 69.Asian Metal Copyright plans to start black silicon carbide processing since early March and expects to process about 2,000t in March.Asian Metal Copyright3.Asian Metal Copyright They would complete the installment of production line in the end of this month and plan to begin black silicon carbide processing within two weeks, expecting to process about 2,000t next month.Asian Metal Copyright Company News 4.Asian Metal Copyright Their processing capacity is 2,000t per month now and would reach 4,000t in the end of this year.Asian Metal Copyright3% MoM and up by 27.Asian Metal Copyright With a production capacity of 55,000tpy, the company produced about 1,900t in January and expected to produce about 3,300t in February.Asian Metal Copyright 4.Asian Metal Copyright Now they hold an inventory of nearly 600t.

5 Producers Statistics

5.1 Chinese black silicon carbide producers' statistics

5.1.Asian Metal Copyright61% MoM and up by 73.Asian Metal Copyright1 Chinese black silicon carbide producers' operating rate up by 5.07%MoM in February
In February 2023, Chinese black silicon carbide producers' operating rate was 57.49%%, up by 5.Asian Metal Copyright2.Asian Metal Copyright07% MoM and up by 23.Asian Metal Copyright3 Xinjiang Yinaite resumed green silicon carbide production One of the major green silicon carbide producers in China, Xinjiang Yinaite New Energy Co.Asian Metal Copyright76% YoY.

Chinese black silicon carbide producers' operating rate from Feb 2022 to Feb 2023 (%)

Chinese black silicon carbide producers' operating rate by province from Feb 2022 to Feb 2023 (%)


In February 2023, the black silicon carbide producers' operating rate in Gansu was 58.44%, up by 5.Asian Metal Copyright2.Asian Metal Copyright3% MoM and up by 27.Asian Metal Copyright1 Black Silicon Carbide 88%min 0-10mm CIF Europe 6 4.Asian Metal Copyright62% YoY; that in Ningxia was 51.Asian Metal Copyright02%, up by 15.Asian Metal Copyright92%, up by 0.Asian Metal Copyright1.Asian Metal Copyright82% MoM and up by 23.Asian Metal Copyright1.Asian Metal Copyright23% YoY; that in other areas was 69.Asian Metal Copyright resumed green silicon carbide production on 13th February, plan to produce nearly 1,700t this month.Asian Metal Copyright02%, up by 15.Asian Metal Copyright They also keep black silicon carbide segment sand and powder production with a monthly output capacity of 2,000t.Asian Metal Copyright79% MoM and up by 33.Asian Metal Copyright3 Black silicon carbide 98%min F16-100 EXW China 9 7.Asian Metal Copyright56% YoY.

5.1.Asian Metal Copyright67% MoM in February In February 2023, Chinese black silicon carbide producers' output was 97,500t, up by 9.Asian Metal Copyright2 Chinese black silicon carbide producers' output up by 9.67% MoM in February
In February 2023, Chinese black silicon carbide producers' output was 97,500t, up by 9.67% MoM and up by 66.Asian Metal Copyright1.Asian Metal Copyright95% YoY.

Chinese black silicon carbide producers' output from Feb 2022 to Feb 2023 (t)


In February 2023, the black silicon carbide producers' output in Gansu was 50,700t, up by 9.97% MoM and up by 95% YoY; that in Ningxia was 31,500t, up by 1.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 February, the prices of green silicon carbide would keep unchanged next month.Asian Metal Copyright61% MoM and up by 73.Asian Metal Copyright 7.Asian Metal Copyright07% YoY; that in other areas was 12,800t, up by 29.Asian Metal Copyright2 Black Silicon Carbide 98%min F16-100 FOB China 5 3.Asian Metal Copyright66% MoM and up by 595.Asian Metal Copyright Green silicon carbide Given the dropped petroleum coke prices and the sluggish market demand, most producers cut their prices to boost sales.Asian Metal Copyright45% YoY.

Chinese black silicon carbide producers' output by province from Feb 2022 to Feb 2023 (t)


5.1.Asian Metal Copyright resumed green silicon carbide production on 13th February, plan to produce nearly 1,700t this month.Asian Metal Copyright3 Chinese black silicon carbide producers' inventory up by 10.28% MoM in February
In February 2023, Chinese black silicon carbide producers' inventory was 55,400t, up by 4.92% MoM and up by 8.Asian Metal Copyright1 Black Silicon Carbide 88%min 0-10mm CIF Europe In late February, the mainstream prices of black silicon carbide 88%min 0-10mm hovered at EUR1,230-1,280t CIF Europe, up by EUR20t from late last month.Asian Metal Copyright2% YoY.

Chinese black silicon carbide producers' inventory from Feb 2022 to Feb 2023 (t)


In February 2023, the black silicon carbide producers' inventory in Gansu was 29,600t, down by 0.67% MoM and up by 10.Asian Metal Copyright23% YoY; that in other areas was 69.Asian Metal Copyright86% YoY; that in Ningxia was 14,300t, up by 4.Asian Metal Copyright82% MoM and up by 23.Asian Metal Copyright38% MoM and up by 43% YoY; that in other areas was 11,500t, up by 23.Asian Metal Copyright1.Asian Metal Copyright65% MoM and up by 283.Asian Metal Copyright3 Chinese green silicon carbide producers' inventory down by 4.Asian Metal Copyright33% YoY.

Chinese black silicon carbide producers' inventory by province from Feb 2022 to Feb 2023 (t)


5.2 Chinese Green silicon carbide producers' statistics

5.2.Asian Metal Copyright They hold no inventory at present.Asian Metal Copyright1 Chinese green silicon carbide producers' operating rate down by 27.76% MoM in February
In February 2023, Chinese green silicon carbide producers operating rate was 12.66%, up by 9.Asian Metal Copyright They also keep black silicon carbide segment sand and powder production with a monthly output capacity of 2,000t.Asian Metal Copyright49% MoM and up by 12.Asian Metal Copyright66% MoM and up by 595.Asian Metal Copyright66% YoY.

Chinese green silicon carbide producers' operating rate from Feb 2022 to Feb 2023 (t)


5.2.Asian Metal Copyright2.Asian Metal Copyright2 Chinese green silicon carbide producers' output down by 80.39% MoM in February
In February 2023, Chinese green silicon carbide producers' output was 2,800t, up by 300% MoM.

Chinese green silicon carbide producers' output from Feb 2022 to Feb 2023 (%)


5.2.Asian Metal Copyright 7.Asian Metal Copyright3 Chinese green silicon carbide producers' inventory down by 4.95% MoM in February
In February 2023, Chinese green silicon carbide producers' inventory was 5,600t, down by 41.66% MoM and up by 133.Asian Metal Copyright Black Silicon Carbide 88%min 0-10mm FOB China Price Trend from 2023-01-01 to 2023-02-28 USDt 3.Asian Metal Copyright33% YoY.

Chinese green silicon carbide producers' inventory from Feb 2023 to Feb 2023 (t)


6 Relevant Industry News

6.1 Chinese FeSi market
In late February, the mainstream prices of Chinese FeSi 72%min stood at RMB7,800-8,000/t (USD1,125-1,154/t) EXW D/P, unchanged from late last month. The dropped prices of FeSi led to decreased demand for metallurgical silicon carbide.

Chinese ferro-silicon 72%min Price Trend from 2023-01-01 to 2023-02-28 (RMB/t)


7 Market Outlook for Next Month

7.1 Chinese market

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

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

7.1.3 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 high production costs, the prices of this product would keep firm.

7.1.Asian Metal Copyright1 Black Silicon Carbide 88%min 0-10mm FOB China In late February, 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 Copyright4 Green silicon carbide 97.5%min 10-30cm EXW China
Considering that the petroleum coke prices in Xinjiang stay high in late Febraury, the prices of green silicon carbide would stay firm in the following month.

7.1.5 Green silicon carbide 98%min F240 EXW China
Given that the petroleum coke prices in Xinjiang remain firm in late February, the prices of green silicon carbide would keep steady next month.

7.1.6 Green silicon carbide 98%min JIS2000 EXW China
In view of the high prices of the petroleum coke prices in Xinjiang in late February, the prices of green silicon carbide would keep unchanged next month.

7.2 Chinese export market

7.2.1 Black silicon carbide 88%min 0-10mm FOB China
Considering the firm domestic prices, the export prices would flatten next month.

7.2.2 Black silicon carbide 98%min F16-100 FOB China
In view of the stable domestic prices, the export prices would keep stable next month.

7.2.3 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.

7.2.4 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.

7.3 International market

7.3.1 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 Copyright Given the dropped lump prices and the sluggish market demand, most producers cut their prices to boost salesAsian Metal Copyright