Monthly Silicon Carbide Market Report Mar 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 3
3.1.Asian Metal Copyright54% MoM in March In March 2023, Chinese black silicon carbide producers' inventory was 67,300t, up by 8.Asian Metal Copyright4 Green Silicon Carbide 98.5%min 10-30mm EXW China 4
3.1.Asian Metal Copyright Most exporters cut their prices this month given the soft overseas buyers' demand and dropped domestic prices.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 Lanzhou Xinyongda to resume black silicon carbide production 6
4.2 Gansu Taihe suspended black silicon carbide production 6
4.3 Tianquan Shunhe to resume 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 0.41%MoM in March 6
5.1.Asian Metal Copyright4 Green Silicon Carbide 98.Asian Metal Copyright2 Chinese black silicon carbide producers' output down by 0.68% MoM in March 7
5.1.Asian Metal Copyright1 Chinese black silicon carbide producers' statistics 5.Asian Metal Copyright3 Chinese black silicon carbide producers' inventory up by 8.54% MoM in March 7
5.2 Chinese Green silicon carbide producers' statistics 8
5.2.Asian Metal Copyright Black Silicon Carbide 88%min 0-10mm Delivered Europe Price Trend from 2023-02-01 to 2023-03-31 EURt 4.Asian Metal Copyright1 Chinese green silicon carbide producers' operating rate up by 19.47% MoM in March 8
5.2.Asian Metal Copyright Most producers cut their prices to boost sales in late March due to the sluggish market demand.Asian Metal Copyright2 Chinese green silicon carbide producers' output up by 214.48% MoM in March 8
5.2.Asian Metal Copyright They hold no stock at present.Asian Metal Copyright3 Chinese green silicon carbide producers' inventory down by 4.46% MoM in March 8
6 Custom Statistics 8
6.1 China's silicon carbide export volume declined 32.51% MoM in Feb 2023 8
7 Relevant Industry News 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 Copyright The cut will bring the weighted average RRR level to 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
Most producers cut their prices to boost sales in late March due to the sluggish market demand.

Most exporters cut their prices down in late March due to the sluggish market demand and reduced domestic prices.

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

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

2 Economy and Policy

2.1 China to cut reserve requirement ratio by 0.25 percentage points
China's central bank announced that it will cut the reserve requirement ratio (RRR) for financial institutions by 0.25 percentage points from March 27, except for some incorporated financial institutions that have already implemented an RRR of 5%.Asian Metal Copyright1.Asian Metal Copyright The cut will bring the weighted average RRR level to 7.Asian Metal Copyright03%, up by 1.Asian Metal Copyright6%.
The low RRR ratio would ease the financial pressure for silicon carbide market participants.

2.2 China further enforces preferential policies for small businesses regarding income tax
The Chinese Ministry of Finance and State Taxation Administration jointly issued an announcement on preferential policies for small businesses regarding income tax. According to the announcement, from January 1, 2023 to December 31, 2024 an enterprise income tax rate of 20% will be applied to annual taxable income no higher than RMB1 million (USD0.Asian Metal Copyright10mt in the previous month.Asian Metal Copyright15 million) of small and micro businesses, and the individual income tax rate will be halved, in addition to current preferential policies, for annual taxable income no higher than RMB1 million (USD0.Asian Metal Copyright2 Black Silicon Carbide 98%min 10-30mm EXW China In late March, the prevailing prices of Chinese black silicon carbide 98%min 10-30cm hovered at RMB7,900-8,200t USD1,150-1,194t Inc-VAT EXW DA 180 days, down by RMB500t USD73t from late last month.Asian Metal Copyright15 million) of privately or individually-owned businesses.
The new tax policy would help silicon carbide companies cut production costs.

3 Market Movements

3.1 Chinese Market
3.1.1 Black Silicon Carbide 88%min 0-10mm EXW China
In late March, the mainstream prices of Chinese black silicon carbide 88%min 0-10mm stood at RMB5,800-6,100/t (USD844-888/t) Inc-VAT EXW D/A 180 days, down by RMB600/t (USD87/t) from late last month. Most producers cut their prices to boost sales in late March due to the sluggish market demand.

Black Silicon Carbide 88%min 0-10mm EXW China Price Trend from 2023-02-01 to 2023-03-31 (RMB/t)


3.1.2 Black Silicon Carbide 98%min 10-30mm EXW China
In late March, the prevailing prices of Chinese black silicon carbide 98%min 10-30cm hovered at RMB7,900-8,200/t (USD1,150-1,194/t) Inc-VAT EXW D/A 180 days, down by RMB500/t (USD73/t) from late last month. Most producers cut their prices to boost sales in late March due to the sluggish market demand.

Black Silicon Carbide 98%min 10-30mm EXW China Price Trend from 2023-02-01 to 2023-03-31 (RMB/t)


3.1.3 Black silicon carbide 98%min F16-100 EXW China
In late March, the prevailing prices of Chinese black silicon carbide 98%min F16-100 hovered at RMB10,200-10,500/t (USD1,484-1,528/t) Inc-VAT EXW D/A 180 days, down by RMB500/t (USD73/t) from late last month. Most producers cut their prices to compete for orders in late March due to the sluggish market demand.

Black silicon carbide 98%min F16-100 EXW China Price Trend from 2023-02-01 to 2023-03-31 (RMB/t)


3.1.Asian Metal Copyright2 Black Silicon Carbide 98%min F16-100 FOB China In late March, the mainstream export prices of Chinese black silicon carbide 98%min F16-100 stood at USD1,530-1,560t Inc-VAT FOB China, down by USD130t from late last month.Asian Metal Copyright4 Green Silicon Carbide 98.5%min 10-30mm EXW China
In late March, the mainstream prices of Chinese green silicon carbide 98.5%min F240 stood at RMB14,500-14,700/t (USD2,110-2,140/t) Inc-VAT EXW D/A 180 days, down by RMB300/t (USD43/t) from late last month.Asian Metal Copyright75%, down by 0.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 2023-02-01 to 2023-03-31 (RMB/t)


3.1.Asian Metal Copyright China exported 4,406.Asian Metal Copyright5 Green Silicon Carbide 98.5%min F240 EXW China
In late March, the prevailing prices of Chinese green silicon carbide 98.5%min F240 stood at RMB20,000-20,500/t (USD2,911-2,984/t) Inc-VAT EXW D/A 180 days, down by RMB500/t (USD73/t) from late last month.Asian Metal Copyright1 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 sales.

Green Silicon Carbide 98.5%min F240 EXW China Price Trend from 2023-02-01 to 2023-03-31 (RMB/t)


3.1.6 Green Silicon Carbide 98%min JIS2000 EXW China
In late March, the mainstream prices of Chinese green silicon carbide 98.5%min JIS2000 stood at RMB26,200-27,200/t (USD3,813-3,959/t) Inc-VAT EXW D/A 180 days, down by RMB500/t (USD73/t) from late last month.Asian Metal Copyright 8.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 2023-02-01 to 2023-03-31 (RMB/t)


3.2 Chinese Export Market

3.2.1 Black Silicon Carbide 88%min 0-10mm FOB China
In late March, the mainstream export prices of Chinese black silicon carbide 88%min 0-10mm stood at USD950-970/t Inc-VAT FOB China, down by USD110/t from late last month. Most exporters cut their prices down in late March due to the sluggish market demand and the dropped domestic prices.

Black Silicon Carbide 88%min 0-10mm FOB China Price Trend from 2023-02-01 to 2023-03-31 (USD/t)


3.2.2 Black Silicon Carbide 98%min F16-100 FOB China
In late March, the mainstream export prices of Chinese black silicon carbide 98%min F16-100 stood at USD1,530-1,560/t Inc-VAT FOB China, down by USD130/t from late last month. Most exporters cut their prices down due to the sluggish market demand and the dropped domestic prices.

Black Silicon Carbide 98%min F16-100 FOB China Price Trend from 2023-02-01 to 2023-03-31 (USD/t)


3.2.3 Green Silicon Carbide 98%min F240 FOB China
In late March, the mainstream export prices of Chinese green silicon carbide 98%min F240 stood at USD3,280-3,380/t Inc-VAT FOB China, down by USD20/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 2023-02-01 to 2023-03-31 (USD/t)


3.2.4 Green Silicon Carbide 98%min JIS2000 FOB China
In late March, the mainstream export prices of Chinese green silicon carbide 98%min JIS2000 stood at USD4,280-4,380/t Inc-VAT FOB China, down by USD20/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 2023-02-01 to 2023-03-31 (USD/t)


3.3 International Market

3.3.1 Black Silicon Carbide 88%min 0-10mm CIF Europe
In late March, the mainstream prices of black silicon carbide 88%min 0-10mm hovered at EUR1,060-1,110/t CIF Europe, up by EUR110/t from late last month. Given the decreased export prices and lower freight, most European sellers cut their prices to compete for orders.

Black Silicon Carbide 88%min 0-10mm Delivered Europe Price Trend from 2023-02-01 to 2023-03-31 (EUR/t)


4. Company News

4.1 Lanzhou Xinyongda to resume black silicon carbide production
A major black silicon carbide producer in Gansu, Lanzhou Xinyongda Silicon Carbide Co., Ltd.Asian Metal Copyright3.Asian Metal Copyright plans to resume black silicon carbide production on 20th March and expected to produce about 1,200t in April.Asian Metal Copyright51% MoM.Asian Metal Copyright "We suspended production on 16th January to start our Spring Festival holiday and stayed close for sluggish market demand.Asian Metal Copyright5 Green silicon carbide 98%min F240 EXW China 10 8.Asian Metal Copyright We would resume production on 20th March, expecting an output of almost 1,200t in April", a source from the company revealed, noting that they would produce the first batch of products in early April.Asian Metal Copyright Black Silicon Carbide 88%min 0-10mm EXW China Price Trend from 2023-02-01 to 2023-03-31 RMBt 3.Asian Metal Copyright With a current production capacity of 15,000tpy, the company produced only about 6,400t in 2022 due to equipment upgrading and they plan to produce about 10,000t this year.Asian Metal Copyright 4.Asian Metal Copyright They hold an inventory of nearly 1,000t at present.

4.2 Gansu Taihe suspended black silicon carbide production
A major black silicon carbide producer in Gansu, Gansu Taihe New Materials Technology Co., Ltd.Asian Metal Copyright They hold no stock at present.Asian Metal Copyright suspended black silicon carbide production on 15th March due to equipment upgrading and expected to produce resume in late August.Asian Metal Copyright1 Chinese market 10 8.Asian Metal Copyright "We suspended production on 15th March to upgrade our furnace and install environmental protectional equipment", a source from the company revealed, noting that they produced about 1,800t this month and predict to finish construction and resume in late August.Asian Metal Copyright54% MoM in March 7 5.Asian Metal Copyright With a current production capacity of 50,000tpy, the company produced only about 30,000t in 2022 and they plan to produce about 15,000t this year.Asian Metal Copyright00 in the same period last year and USD39,696,708.Asian Metal Copyright They hold an inventory of nearly 5,000t at present.

4.3 Tianquan Shunhe to resume green silicon carbide production
Tianquanxian Shunhe Silicon Carbide Co., Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright, one of the major green silicon carbide producers in Sichuan, plans to resume green silicon carbide production on 3rd April, expecting an output of 700t this month.Asian Metal Copyright 2.Asian Metal Copyright "We have been in suspension since late November 2020 due to sluggish market demand and we plan to resume production on 3rd April since the overseas market has increasing demand for green silicon carbide out of Xinjiang", a source from the company revealed, noting that they would produce the first batch of products on 8th April and expect to produce about 700t this month.Asian Metal Copyright44mt, USD1,358.Asian Metal Copyright With a current production capacity of 14,400tpy, the company has no output in 2022, and expect to produce about 5,000t in 2023.Asian Metal Copyright1.Asian Metal Copyright They hold no stock at present.

5 Producers Statistics

5.1 Chinese black silicon carbide producers' statistics

5.1.Asian Metal Copyright1.Asian Metal Copyright1 Chinese black silicon carbide producers' operating rate down by 0.41%MoM in March
In March 2023, Chinese black silicon carbide producers' operating rate was 59.91%%, down by 0.Asian Metal Copyright3 Chinese black silicon carbide producers' inventory up by 8.Asian Metal Copyright41% MoM and up by 9.Asian Metal Copyright Chinese black silicon carbide producers' inventory by province from Mar 2022 to Mar 2023 t 5.Asian Metal Copyright8% YoY.

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

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


In March 2023, the black silicon carbide producers' operating rate in Gansu was 60.75%, down by 0.Asian Metal Copyright1 Lanzhou Xinyongda to resume black silicon carbide production A major black silicon carbide producer in Gansu, Lanzhou Xinyongda Silicon Carbide Co.Asian Metal Copyright92% MoM and up by 14.Asian Metal Copyright2.Asian Metal Copyright7% YoY; that in Ningxia was 57.Asian Metal Copyright4 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.Asian Metal Copyright03%, up by 1.Asian Metal Copyright1 Petroleum coke The petroleum coke S 5% price decreased in the past month, which lead to the reduced production costs of silicon carbide.Asian Metal Copyright22% MoM and up by 4.Asian Metal Copyright10mt in the previous month.Asian Metal Copyright4% YoY; that in other areas was 64.Asian Metal Copyright11% YoY and down 21.Asian Metal Copyright51%, down by 4.Asian Metal Copyright1.Asian Metal Copyright51% MoM and up by 29.Asian Metal Copyright Most producers cut their prices to boost sales in late March due to the sluggish market demand.Asian Metal Copyright53% YoY.

5.1.Asian Metal Copyright1 Lanzhou Xinyongda to resume black silicon carbide production 6 4.Asian Metal Copyright2 Chinese black silicon carbide producers' output down by 0.68% MoM in March
In March 2023, Chinese black silicon carbide producers' output was 101,600t, down by 0.68% MoM and up by 17.Asian Metal Copyright1.Asian Metal Copyright46% YoY.

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


In March 2023, the black silicon carbide producers' output in Gansu was 52,700t, down by 1.49% MoM and up by 35.Asian Metal Copyright They hold an inventory of nearly 1,000t at present.Asian Metal Copyright82% YoY; that in Ningxia was 34,600t, up by 3.Asian Metal Copyright58mt of silicon carbide to United States, 11,175.Asian Metal Copyright28% MoM and up by 3.Asian Metal Copyright76% MoM and up by 10.Asian Metal Copyright28% YoY; that in other areas was 14,300t, down by 6.Asian Metal Copyright5 Green Silicon Carbide 98.Asian Metal Copyright56% MoM and up by 550% YoY.

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


5.1.Asian Metal Copyright1 Chinese Market 3 3.Asian Metal Copyright3 Chinese black silicon carbide producers' inventory up by 8.54% MoM in March
In March 2023, Chinese black silicon carbide producers' inventory was 67,300t, up by 8.54% MoM and down by 0.Asian Metal Copyright1.Asian Metal Copyright44% YoY.

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


In March 2023, the black silicon carbide producers' inventory in Gansu was 41,100t, up by 16.76% MoM and up by 10.Asian Metal Copyright1 China to cut reserve requirement ratio by 0.Asian Metal Copyright78% YoY; that in Ningxia was 14,700t, up by 3.Asian Metal Copyright56% MoM and up by 550% YoY.Asian Metal Copyright92% MoM and up by 13.Asian Metal Copyright49mt of silicon carbide to Japan, 2,804.Asian Metal Copyright07% YoY; that in other areas was 11,500t, unchanged MoM and up by 283.Asian Metal Copyright China exported 4,406.Asian Metal Copyright33% YoY.

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


5.2 Chinese Green silicon carbide producers' statistics

5.2.Asian Metal Copyright Company News 4.Asian Metal Copyright1 Chinese green silicon carbide producers' operating rate up by 19.47% MoM in March
In March 2023, Chinese green silicon carbide producers operating rate was 28.55%, up by 19.Asian Metal Copyright China's export volume of silicon carbide in previous 13 months China's export price of silicon carbide in previous 13 months In Feb 2023, the top three export destinations of silicon carbide for China were Japan, United States and South Korea.Asian Metal Copyright47% MoM and down by 1.Asian Metal Copyright6 Green silicon carbide 98%min JIS2000 EXW China 10 8.Asian Metal Copyright41% YoY.

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


5.2.Asian Metal Copyright "We have been in suspension since late November 2020 due to sluggish market demand and we plan to resume production on 3rd April since the overseas market has increasing demand for green silicon carbide out of Xinjiang", a source from the company revealed, noting that they would produce the first batch of products on 8th April and expect to produce about 700t this month.Asian Metal Copyright2 Chinese green silicon carbide producers' output up by 214.48% MoM in March
In March 2023, Chinese green silicon carbide producers' output was 6,600t, up by 214.48% MoM, down by 1.Asian Metal Copyright41%MoM in March In March 2023, Chinese black silicon carbide producers' operating rate was 59.Asian Metal Copyright49% YoY.

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


5.2.Asian Metal Copyright46% MoM and up by 7% YoY.Asian Metal Copyright3 Chinese green silicon carbide producers' inventory down by 4.46% MoM in March
In March 2023, Chinese green silicon carbide producers' inventory was 5,350t, down by 4.46% MoM and up by 7% YoY.

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

6 Custom Statistics

6.1 China's silicon carbide export volume declined 32.51% MoM in Feb 2023
In Feb 2023, China exported 21,903.70mt of silicon carbide, 26,071.Asian Metal Copyright Chinese black silicon carbide producers' inventory by province from Mar 2022 to Mar 2023 t 5.Asian Metal Copyright00mt in the same period last year and 32,455.Asian Metal Copyright Chinese black silicon carbide producers' operating rate from Mar 2022 to Mar 2023 % Chinese black silicon carbide producers' operating rate by province from Mar 2022 to Mar 2023 % In March 2023, the black silicon carbide producers' operating rate in Gansu was 60.Asian Metal Copyright81mt in the previous month, down 15.Asian Metal Copyright The average price was USD1,393.Asian Metal Copyright98% YoY and down 32.Asian Metal Copyright1.Asian Metal Copyright51% MoM.
In Feb 2023, China exported USD31,281,374.00 worth of silicon carbide, USD32,558,975.Asian Metal Copyright92mt of silicon carbide, 331,328.Asian Metal Copyright00 in the same period last year and USD39,696,708.Asian Metal Copyright1 Lanzhou Xinyongda to resume black silicon carbide production A major black silicon carbide producer in Gansu, Lanzhou Xinyongda Silicon Carbide Co.Asian Metal Copyright00 in the previous month, down 3.Asian Metal Copyright03mt in the previous month, up 57.Asian Metal Copyright92% YoY and down 21.Asian Metal Copyright5%min F240 EXW China 4 3.Asian Metal Copyright20% 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 April, the prices of green silicon carbide would keep unchanged next month.Asian Metal Copyright The average price was USD1,428.13/mt, USD1,248.86/mt in the same period last year and USD1,223.10/mt in the previous month.
In Jan-Feb 2023, China exported a total of 54,359.51mt of silicon carbide, 57,573.Asian Metal Copyright5%min F240 EXW China Price Trend from 2023-02-01 to 2023-03-31 RMBt 3.Asian Metal Copyright41mt in the same period last year, down 5.Asian Metal Copyright1 China's silicon carbide export volume declined 32.Asian Metal Copyright58% YoY.
In Jan-Nov 2022, China exported a total of 379,515.92mt of silicon carbide, 331,328.Asian Metal Copyright They hold an inventory of nearly 5,000t at present.Asian Metal Copyright03mt in the same period last year, up 14.Asian Metal Copyright1.Asian Metal Copyright50% YoY.
China's export volume of silicon carbide in previous 13 months

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

In Feb 2023, the top three export destinations of silicon carbide for China were Japan, United States and South Korea.
China exported 4,406.49mt of silicon carbide to Japan, 2,804.Asian Metal Copyright48% MoM, down by 1.Asian Metal Copyright67mt in the same period last year and 5,597.Asian Metal Copyright4 Green Silicon Carbide 98%min JIS2000 FOB China 5 3.Asian Metal Copyright03mt in the previous month, up 57.Asian Metal Copyright 5.Asian Metal Copyright11% YoY and down 21.Asian Metal Copyright1 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 Copyright27% MoM.Asian Metal Copyright78mt in the same period last year and USD2,046.Asian Metal Copyright The average price was USD2,595.03/mt, USD2,720.78/mt in the same period last year and USD2,046.30/mt in the previous month, down 4.Asian Metal Copyright53% YoY.Asian Metal Copyright63% YoY and up 26.Asian Metal Copyright1 Black Silicon Carbide 88%min 0-10mm CIF Europe 5 4.Asian Metal Copyright83% MoM.
China exported 3,083.58mt of silicon carbide to United States, 11,175.Asian Metal Copyright2 Chinese black silicon carbide producers' output down by 0.Asian Metal Copyright80mt in the same period last year and 8,512.Asian Metal Copyright4 Green silicon carbide 98.Asian Metal Copyright03mt in the previous month, down 72.Asian Metal Copyright1.Asian Metal Copyright41% YoY and down 63.Asian Metal Copyright51%, down by 4.Asian Metal Copyright77% MoM.Asian Metal Copyright With a current production capacity of 50,000tpy, the company produced only about 30,000t in 2022 and they plan to produce about 15,000t this year.Asian Metal Copyright The average price was USD753.87/mt, USD779.99/mt in the same period last year and USD754.07/mt in the previous month, down 3.Asian Metal Copyright2.Asian Metal Copyright33% YoY.
China exported 2,661.67mt of silicon carbide to South Korea, 1,851.Asian Metal Copyright1 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 Copyright30mt in the same period last year and 2,591.Asian Metal Copyright3 International market 8.Asian Metal Copyright28mt in the previous month, up 43.Asian Metal Copyright6 Green Silicon Carbide 98%min JIS2000 EXW China 4 3.Asian Metal Copyright77% YoY and up 2.Asian Metal Copyright1.Asian Metal Copyright72% MoM.Asian Metal Copyright00 in the same period last year and USD39,696,708.Asian Metal Copyright The average price was USD1,393.44/mt, USD1,358.39/mt in the same period last year and USD1,371.04/mt in the previous month, up 2.Asian Metal Copyright1 China's silicon carbide export volume declined 32.Asian Metal Copyright58% YoY and up 1.Asian Metal Copyright28mt in the previous month, up 43.Asian Metal Copyright60% 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 Petroleum coke
The petroleum coke S 5% price decreased in the past month, which lead to the reduced production costs of silicon carbide.

7.2 Anthracite
The price of anthracite moved down in the past month, which lead to the decreased production costs of black silicon carbide.

7.3 Carbon electrode
That the price of carbon electrode moved down in the past month lead to the reduced production costs of silicon carbide.

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 April, given the high 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 April, considering the raised 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 high 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 March, 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 April, 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 April, 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 Copyright60% MoMAsian Metal Copyright