Monthly Silicon Carbide Market Report Apr 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 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 Copyright4 Green Silicon Carbide 98.5%min 10-30mm EXW China 4
3.1.Asian Metal Copyright1 Black silicon carbide 88%min 0-10mm FOB China 10 8.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 Ganluo Tengtai plans to resume green silicon carbide production 5
4.2 Tianzhu Chuanggao Halted black silicon carbide production 6
4.3 Tianquan Shunhe to resume green silicon carbide production 6
4.4 Tianzhu Kanghong Halted black silicon carbide production 6
4.4 Xinjiang Tianhongji faces great green silicon carbide inventory pressure 6
5 Producers Statistics 6
5.1 Chinese black silicon carbide producers' statistics 6
5.1.Asian Metal Copyright54% MoM and down by 1.Asian Metal Copyright1 Chinese black silicon carbide producers' operating rate down by 7.54%MoM in April 6
5.1.Asian Metal Copyright3 Black silicon carbide 98%min F16-100 EXW China 3 3.Asian Metal Copyright2 Chinese black silicon carbide producers' output down by 12.63% MoM in April 7
5.1.Asian Metal Copyright, expects to put into green silicon carbide production again on 15th April, and predict to produce about 200t this month.Asian Metal Copyright3 Chinese black silicon carbide producers' inventory up by 20.53% MoM in April 7
5.2 Chinese Green silicon carbide producers' statistics 8
5.2.Asian Metal Copyright26% YoY.Asian Metal Copyright1 Chinese green silicon carbide producers' operating rate up by 9.08% MoM in April 8
5.2.Asian Metal Copyright, Ltd.Asian Metal Copyright2 Chinese green silicon carbide producers' output up by 25.92% MoM in April 8
5.2.Asian Metal Copyright 8.Asian Metal Copyright3 Chinese green silicon carbide producers' inventory up by 64.94% MoM in April 8
6 Custom Statistics 9
6.1 China's silicon carbide export volume rose 72.49% MoM in Mar 2023 9
7 Relevant Industry News 10
8 Market Outlook for Next Month 10
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 Copyright15% YoY.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 April due to the sluggish Market demand.

Most exporters cut their prices down in late April 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 GACC: China's gross imports and exports up by 4.8% YoY in Q1
According to the data released by General Administration of Customs of China (GACC) on April 13, in the first quarter of 2023, China's gross value of goods imports and exports reached RMB9.89 trillion (USD1.Asian Metal Copyright2 Chinese Export Market 3.Asian Metal Copyright44 trillion), a year-on-year increase of 4.Asian Metal Copyright3.Asian Metal Copyright8%.Asian Metal Copyright They hold no stock at present.Asian Metal Copyright Among them, export value totaled RMB5.Asian Metal Copyright14%%, down by 7.Asian Metal Copyright65 trillion (USD0.Asian Metal Copyright3 Tianquan Shunhe to resume green silicon carbide production 6 4.Asian Metal Copyright82 trillion), up by 8.Asian Metal Copyright Most exporters cut their prices this month given the soft overseas buyers' demand and dropped domestic prices.Asian Metal Copyright4% YoY, and import value recorded RMB4.Asian Metal Copyright71% MoM and up by 70.Asian Metal Copyright24 trillion (USD0.Asian Metal Copyright1 Chinese Market 3 3.Asian Metal Copyright62 trillion), up by 0.Asian Metal Copyright00 in the same period last year and USD31,281,374.Asian Metal Copyright2% YoY.

The low RRR ratio would ease the financial pressure for silicon carbide Market participants.

2.2 China to further expand scale of RMB settlement for cross-border trade
The General Office of the State Council recently issued a guideline on stabilizing scale and optimizing structure of foreign trade, which calls for improving cross-border settlement services. It will encourage financial institutions to innovate and improve foreign exchange derivatives and cross-border RMB business, further expand the scale of cross-border RMB trade settlement, and better meet the needs of foreign trade enterprises for exchange rate hedging and cross-border RMB settlement.Asian Metal Copyright The average price was USD1,236.Asian Metal Copyright 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 April, the mainstream prices of Chinese black silicon carbide 88%min 0-10mm stood at RMB5,700-6,000/t (USD825-868/t) Inc-VAT EXW D/A 180 days, down by RMB100/t (USD14/t) from late last month. Most producers cut their prices to boost sales in late April due to the sluggish Market demand.

Black Silicon Carbide 88%min 0-10mm EXW China Price Trend from 2023-03-01 to 2023-04-30 (RMB/t)


3.1.2 Black Silicon Carbide 98%min 10-30mm EXW China
In late April, the prevailing prices of Chinese black silicon carbide 98%min 10-30cm hovered at RMB7,700-8,000/t (USD1,114-1,158/t) Inc-VAT EXW D/A 180 days, down by RMB200/t (USD28/t) from late last month. Most producers cut their prices to boost sales in late April due to the sluggish Market demand.

Black Silicon Carbide 98%min 10-30mm EXW China Price Trend from 2023-03-01 to 2023-04-30 (RMB/t)


3.1.3 Black silicon carbide 98%min F16-100 EXW China
In late April, the prevailing prices of Chinese black silicon carbide 98%min F16-100 hovered at RMB10,000-10,300/t (USD1,447-1,490/t) Inc-VAT EXW D/A 180 days, down by RMB200/t (USD28/t) from late last month. Most producers cut their prices to compete for orders in late April due to the sluggish Market demand.

Black silicon carbide 98%min F16-100 EXW China Price Trend from 2023-03-01 to 2023-04-30 (RMB/t)


3.1.Asian Metal Copyright14%%, down by 7.Asian Metal Copyright4 Green Silicon Carbide 98.5%min 10-30mm EXW China
In late April, the mainstream prices of Chinese green silicon carbide 98.5%min F240 stood at RMB12,000-12,200/t (USD1,736-1,765/t) Inc-VAT EXW D/A 180 days, down by RMB2,500/t (USD362/t) from late last month.Asian Metal Copyright6 Green Silicon Carbide 98%min JIS2000 EXW China In late April, the mainstream prices of Chinese green silicon carbide 98.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 2023-03-01 to 2023-04-30 (RMB/t)


3.1.Asian Metal Copyright1 Black silicon carbide 88%min 0-10mm FOB China Considering the firm domestic prices, the export prices would flatten next month.Asian Metal Copyright5 Green Silicon Carbide 98.5%min F240 EXW China
In late April, the prevailing prices of Chinese green silicon carbide 98.5%min F240 stood at RMB19,000-19,500/t (USD2,749-2,821/t) Inc-VAT EXW D/A 180 days, down by RMB1000/t (USD145/t) from late last month.Asian Metal Copyright1.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 2023-03-01 to 2023-04-30 (RMB/t)


3.1.6 Green Silicon Carbide 98%min JIS2000 EXW China
In late April, the mainstream prices of Chinese green silicon carbide 98.5%min JIS2000 stood at RMB25,000-26,000/t (USD3,617-3,672/t) Inc-VAT EXW D/A 180 days, down by RMB1000/t (USD145/t) from late last month.Asian Metal Copyright They hold an inventory of nearly 3,000t at present.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 2023-03-01 to 2023-04-30 (RMB/t)


3.2 Chinese Export Market

3.2.1 Black Silicon Carbide 88%min 0-10mm FOB China
In late April, the mainstream export prices of Chinese black silicon carbide 88%min 0-10mm stood at USD930-950/t Inc-VAT FOB China, down by USD20/t from late last month. Most exporters cut their prices down in late April due to the sluggish Market demand and the dropped domestic prices.

Black Silicon Carbide 88%min 0-10mm FOB China Price Trend from 2023-03-01 to 2023-04-30 (USD/t)


3.2.2 Black Silicon Carbide 98%min F16-100 FOB China
In late April, the mainstream export prices of Chinese black silicon carbide 98%min F16-100 stood at USD1,500-1,530/t Inc-VAT FOB China, down by USD30/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 2023-03-01 to 2023-04-30 (USD/t)


3.2.3 Green Silicon Carbide 98%min F240 FOB China
In late April, the mainstream export prices of Chinese green silicon carbide 98%min F240 stood at USD3,150-3,250/t Inc-VAT FOB China, down by USD130/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 2023-03-01 to 2023-04-30 (USD/t)


3.2.4 Green Silicon Carbide 98%min JIS2000 FOB China
In late April, the mainstream export prices of Chinese green silicon carbide 98%min JIS2000 stood at USD4,150-4,250/t Inc-VAT FOB China, down by USD130/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 2023-03-01 to 2023-04-30 (USD/t)


3.3 International Market

3.3.1 Black Silicon Carbide 88%min 0-10mm CIF Europe
In late April, the mainstream prices of black silicon carbide 88%min 0-10mm hovered at EUR1,010-1,060/t CIF Europe, up by EUR50/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 2023-03-01 to 2023-04-30 (EUR/t)


4. Company News

4.1 Ganluo Tengtai plans to resume green silicon carbide production
One of the major green silicon carbide producers in Sichuan, Ganluoxian Tengtai Silicon Carbide Co., Ltd.Asian Metal Copyright99mt in the same period last year and 4,406.Asian Metal Copyright, expects to put into green silicon carbide production again on 15th April, and predict to produce about 200t this month.Asian Metal Copyright6 Green silicon carbide 98%min JIS2000 EXW China In view of the high prices of the petroleum coke prices in Xinjiang this month, the prices of green silicon carbide would keep unchanged next month.Asian Metal Copyright "We have been in suspension since late November last year due to the end of wet season and we would resume production on 15th April and expect to have the first batch of products on 20th April", a source from the company disclosed, noting that they would produce about 200t in April and expect an output of nearly 800t next month.Asian Metal Copyright6 Green Silicon Carbide 98%min JIS2000 EXW China 4 3.Asian Metal Copyright With a current production capacity of 12,000tpy, the company produced about 5,000t in 2022, and expect to produce about same volume this year.Asian Metal Copyright 8.Asian Metal Copyright They hold no stock at present.

4.2 Tianzhu Chuanggao Halted black silicon carbide production
A major black silicon carbide producer in Gansu, Tianzhu Chuangao Silicon Carbide Co., Ltd.Asian Metal Copyright2.Asian Metal Copyright halted black silicon carbide production in late March due to the sluggish market demand and expected to produce resume in late July.Asian Metal Copyright5%min 10-30cm EXW China 10 8.Asian Metal Copyright "We stopped production in late March because of the sluggish market demand and would consider to resume after the market demand recovered", an insider from the company claimed, noting that they produced about 2,000t this month and now focus on selling out inventory.Asian Metal Copyright4 Green silicon carbide 98.Asian Metal Copyright With a current production capacity of 30,000tpy, the company produced only about 13,000t in 2022 and they plan to keep same production volume this year owing to the weak market demand.Asian Metal Copyright26% YoY.Asian Metal Copyright They hold an inventory of nearly 3,000t at present.

4.3 Tianquan Shunhe to resume green silicon carbide production
Tianquanxian Shunhe Silicon Carbide Co., Ltd.Asian Metal Copyright2 Chinese black silicon carbide producers' output down by 12.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 Copyright1.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 Copyright Green Silicon Carbide 98%min JIS2000 FOB China Price Trend from 2023-03-01 to 2023-04-30 USDt 3.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 Copyright Black Silicon Carbide 88%min 0-10mm FOB China Price Trend from 2023-03-01 to 2023-04-30 USDt 3.Asian Metal Copyright They hold no stock at present.

4.4 Tianzhu Kanghong Halted black silicon carbide production
Tianzhu Kanghong Silicon Carbide Co., Ltd.Asian Metal Copyright Most producers cut their prices to boost sales in late April due to the sluggish Market demand.Asian Metal Copyright, a major black silicon carbide producer in Gansu, stopped black silicon carbide production on 1st April because of the sluggish downstream market and high inventory, expecting to resume production in late May.Asian Metal Copyright2.Asian Metal Copyright "We suspended our production on 1st April owing to the dormant end market and high inventory volume", adding that they would not resume until the market demand fully recovered, a source from the company reveled, noting that they expect to resume production in late May after the demand get back on track.Asian Metal Copyright2 Chinese Export Market 4 3.Asian Metal Copyright With an annual production capacity of 30,000t at present, the company had an output of almost 10,000t in 2022 and they plan to keep same production scale this year in light of the current weak demand.Asian Metal Copyright16% MoM.Asian Metal Copyright They hold an inventory of nearly 3,000t at the moment.

4.4 Xinjiang Tianhongji faces great green silicon carbide inventory pressure
One of the major green silicon carbide producers in Xinjiang, Xinjiang Tianhongji Technology Co., Ltd.Asian Metal Copyright87mt in the previous month, down 27.Asian Metal Copyright, holds over 2,000t of green silicon carbide in stock due to dim end market, increased over 700t compared to last month.Asian Metal Copyright49% MoM in Mar 2023 In Mar 2023, China exported 37,781.Asian Metal Copyright "We resumed production since early March after suspension from September last year due to the supply shortage of Karamay petroleum coke and sluggish market demand", a source from the company stated, noting that they would produce about 1,000t in April, on par with March.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 Copyright With a current production capacity of 50,000tpy, the company produced about 5,000t in 2022, and expect to produce about 10,000t this year.Asian Metal Copyright1.Asian Metal Copyright They hold about 2,000t in stock at present, increased by over 700t from March.

5 Producers Statistics

5.1 Chinese black silicon carbide producers' statistics

5.1.Asian Metal Copyright China exported 13,017.Asian Metal Copyright1 Chinese black silicon carbide producers' operating rate down by 7.54%MoM in April
In April 2023, Chinese black silicon carbide producers' operating rate was 52.14%%, down by 7.Asian Metal Copyright Contents 1 Market Highlights 3 2 Economy and Policy 3 3 Market Movements 3 3.Asian Metal Copyright54% MoM and down by 1.Asian Metal Copyright91% MoM and up by 26.Asian Metal Copyright87% YoY.

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

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


In April 2023, the black silicon carbide producers' operating rate in Gansu was 45.32%, down by 10.Asian Metal Copyright1 Chinese green silicon carbide producers' operating rate up by 9.Asian Metal Copyright78% MoM and down by 0.Asian Metal Copyright1 Black silicon carbide 88%min 0-10mm FOB China 10 8.Asian Metal Copyright12% YoY; that in Ningxia was 54.Asian Metal Copyright94% MoM and up by 21.Asian Metal Copyright23%, down by 5.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 Mar 2023, the top three export destinations of silicon carbide for China were United States, Japan and South Korea.Asian Metal Copyright77% MoM and down by 8.Asian Metal Copyright4 Green Silicon Carbide 98%min JIS2000 FOB China 5 3.Asian Metal Copyright08% YoY; that in other areas was 74.Asian Metal Copyright1.Asian Metal Copyright44%, up by 0.Asian Metal Copyright 8.Asian Metal Copyright91% MoM and up by 26.Asian Metal Copyright 4.Asian Metal Copyright01% YoY.

5.1.Asian Metal Copyright3 Green silicon carbide 98%min F240 FOB China 10 8.Asian Metal Copyright2 Chinese black silicon carbide producers' output down by 12.63% MoM in April
In April 2023, Chinese black silicon carbide producers' output was 90,600t, down by 12.63% MoM and down by 2.Asian Metal Copyright1.Asian Metal Copyright15% YoY.

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


In April 2023, the black silicon carbide producers' output in Gansu was 41,200t, down by 19.21% MoM and up by 3.Asian Metal Copyright "We have been in suspension since late November last year due to the end of wet season and we would resume production on 15th April and expect to have the first batch of products on 20th April", a source from the company disclosed, noting that they would produce about 200t in April and expect an output of nearly 800t next month.Asian Metal Copyright51% YoY; that in Ningxia was 32,900t, down by 9.Asian Metal Copyright .Asian Metal Copyright61% MoM and down by 12.Asian Metal Copyright2.Asian Metal Copyright96% YoY; that in other areas was 16,500t, unchanged MoM and up by 450% YoY.

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


5.1.Asian Metal Copyright They hold about 2,000t in stock at present, increased by over 700t from March.Asian Metal Copyright3 Chinese black silicon carbide producers' inventory up by 20.53% MoM in April
In April 2023, Chinese black silicon carbide producers' inventory was 99,200t, up by 20.53% MoM and up by 36.Asian Metal Copyright2.Asian Metal Copyright26% YoY.

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


In April 2023, the black silicon carbide producers' inventory in Gansu was 59,800t, up by 29.71% MoM and up by 70.Asian Metal Copyright53% MoM in April In April 2023, Chinese black silicon carbide producers' inventory was 99,200t, up by 20.Asian Metal Copyright37% YoY; that in Ningxia was 21,900t, up by 3.Asian Metal Copyright1.Asian Metal Copyright92% MoM and up by 13.Asian Metal Copyright Chinese green silicon carbide producers' inventory from Apr 2023 to Apr 2023 t 6 Custom Statistics 6.Asian Metal Copyright07% YoY; that in other areas was 17,500t, unchanged MoM and up by 283.Asian Metal Copyright88% YoY and up 14.Asian Metal Copyright33% YoY.

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


5.2 Chinese Green silicon carbide producers' statistics

5.2.Asian Metal Copyright3 International Market 8.Asian Metal Copyright1 Chinese green silicon carbide producers' operating rate up by 9.08% MoM in April
In April 2023, Chinese green silicon carbide producers operating rate was 44.12%, up by 9.Asian Metal Copyright3 Chinese green silicon carbide producers' inventory up by 64.Asian Metal Copyright08% MoM and down by 17.Asian Metal Copyright2.Asian Metal Copyright29% YoY.

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


5.2.Asian Metal Copyright The average price was USD2,263.Asian Metal Copyright2 Chinese green silicon carbide producers' output up by 25.92% MoM in April
In April 2023, Chinese green silicon carbide producers' output was 10,200t, up by 25.92% MoM, down by 70% YoY.

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


5.2.Asian Metal Copyright91% MoM and up by 26.Asian Metal Copyright3 Chinese green silicon carbide producers' inventory up by 64.94% MoM in April
In April 2023, Chinese green silicon carbide producers' inventory was 8,000t, up by 64.94% MoM and up by 21.Asian Metal Copyright4 Xinjiang Tianhongji faces great green silicon carbide inventory pressure 6 5 Producers Statistics 6 5.Asian Metal Copyright21% YoY.

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


6 Custom Statistics

6.1 China's silicon carbide export volume rose 72.49% MoM in Mar 2023
In Mar 2023, China exported 37,781.10mt of silicon carbide, 26,772.Asian Metal Copyright12% YoY and up 72.Asian Metal Copyright25mt in the same period last year and 21,903.Asian Metal Copyright21% YoY.Asian Metal Copyright70mt in the previous month, up 41.Asian Metal Copyright Most producers cut their prices to compete for orders in late April due to the sluggish Market demand.Asian Metal Copyright12% YoY and up 72.Asian Metal Copyright1 Black Silicon Carbide 88%min 0-10mm EXW China In late April, the mainstream prices of Chinese black silicon carbide 88%min 0-10mm stood at RMB5,700-6,000t USD825-868t Inc-VAT EXW DA 180 days, down by RMB100t USD14t from late last month.Asian Metal Copyright49% MoM.

In Mar 2023, China exported USD46,700,901.00 worth of silicon carbide, USD37,850,560.Asian Metal Copyright2.Asian Metal Copyright00 in the same period last year and USD31,281,374.Asian Metal Copyright1.Asian Metal Copyright00 in the previous month, up 23.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 Copyright38% YoY and up 49.Asian Metal Copyright2 Anthracite The price of anthracite moved down in the past month, which lead to the decreased production costs of black silicon carbide.Asian Metal Copyright29% MoM.Asian Metal Copyright39% YoY and down 6.Asian Metal Copyright The average price was USD1,236.09/mt, USD1,413.80/mt in the same period last year and USD1,428.13/mt in the previous month.

In Jan-Mar 2023, China exported a total of 92,140.60mt of silicon carbide, 84,345.Asian Metal Copyright2% YoY.Asian Metal Copyright66mt in the same period last year, up 9.Asian Metal Copyright82% MoM.Asian Metal Copyright24% YoY.
China's export volume of silicon carbide in previous 13 months

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

In Mar 2023, the top three export destinations of silicon carbide for China were United States, Japan and South Korea.
China exported 13,017.56mt of silicon carbide to United States, 5,965.Asian Metal Copyright08% MoM in April In April 2023, Chinese green silicon carbide producers operating rate was 44.Asian Metal Copyright78mt in the same period last year and 3,083.Asian Metal Copyright85mt in the same period last year and USD2,595.Asian Metal Copyright58mt in the previous month, up 118.Asian Metal Copyright Black Silicon Carbide 88%min 0-10mm EXW China Price Trend from 2023-03-01 to 2023-04-30 RMBt 3.Asian Metal Copyright20% YoY and up 322.Asian Metal Copyright1.Asian Metal Copyright16% MoM.Asian Metal Copyright1.Asian Metal Copyright The average price was USD767.13/mt, USD1,063.37/mt in the same period last year and USD753.87/mt in the previous month, down 27.Asian Metal Copyright Chinese black silicon carbide producers' inventory from Apr 2022 to Apr 2023 t In April 2023, the black silicon carbide producers' inventory in Gansu was 59,800t, up by 29.Asian Metal Copyright85% YoY and up 1.Asian Metal Copyright2 Chinese black silicon carbide producers' output down by 12.Asian Metal Copyright72% MoM.
China exported 5,059.47mt of silicon carbide to Japan, 4,733.Asian Metal Copyright Most producers cut their prices to boost sales in late April due to the sluggish Market demand.Asian Metal Copyright99mt in the same period last year and 4,406.Asian Metal Copyright China exported 13,017.Asian Metal Copyright49mt in the previous month, up 6.Asian Metal Copyright 8 Market Outlook for Next Month 8.Asian Metal Copyright88% YoY and up 14.Asian Metal Copyright 4.Asian Metal Copyright82% MoM.Asian Metal Copyright Chinese black silicon carbide producers' inventory from Apr 2022 to Apr 2023 t In April 2023, the black silicon carbide producers' inventory in Gansu was 59,800t, up by 29.Asian Metal Copyright The average price was USD2,263.59/mt, USD2,142.85/mt in the same period last year and USD2,595.03/mt in the previous month, up 5.Asian Metal Copyright56mt of silicon carbide to United States, 5,965.Asian Metal Copyright65% YoY and down 12.Asian Metal Copyright1 Black silicon carbide 88%min 0-10mm FOB China 10 8.Asian Metal Copyright76% MoM.
China exported 3,139.20mt of silicon carbide to South Korea, 4,227.Asian Metal Copyright3 Green silicon carbide 98%min F240 FOB China 10 8.Asian Metal Copyright40mt in the same period last year and 2,661.Asian Metal Copyright2.Asian Metal Copyright67mt in the previous month, down 25.Asian Metal Copyright3 Green Silicon Carbide 98%min F240 FOB China 5 3.Asian Metal Copyright74% YoY and up 17.Asian Metal Copyright10mt of silicon carbide, 26,772.Asian Metal Copyright94% MoM.Asian Metal Copyright2.Asian Metal Copyright The average price was USD1,301.08/mt, USD1,062.75/mt in the same period last year and USD1,393.44/mt in the previous month, up 22.Asian Metal Copyright With a current production capacity of 50,000tpy, the company produced about 5,000t in 2022, and expect to produce about 10,000t this year.Asian Metal Copyright39% YoY and down 6.Asian Metal Copyright 4.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 price plummet in the past month, which lead to the reduced production costs of green 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 next month, 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 the following month, 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 Black silicon carbide 98%min 10-30cm EXW China 10 8.Asian Metal Copyright4 Green silicon carbide 98.5%min 10-30cm EXW China
Considering that the petroleum coke prices in Xinjiang stay high this month, 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 the past month, 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 this month, 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 Copyright96% YoY; that in other areas was 16,500t, unchanged MoM and up by 450% YoYAsian Metal Copyright