• Silico-manganese 65/17 EXW China(300)  04-25|Silico-manganese 60/14 EXW China(200)  04-25|Indium Ingot 99.995%min FOB China(9)  04-25|Molybdenum Conc. 45%min EXW China(100)  04-25|Steel Scrap MMS 4-6mm EXW Guangzhou(80)  04-25|Molybdenum Oxide 50%min EXW China(100)  04-25|Zirconium Sponge Zr+Hf 99.4%min EXW China(-5)  04-25|Ferro-silicon 75%min In warehouse Pittsburgh(0.03)  04-25|Ferro-molybdenum 60%min EXW China(6000)  04-25|Iron Ore Fine Australian 62%min CNF China(3)  04-25|Indium Ingot 99.995%min EXW China(60)  04-25|Copper Conc. TC 25%min CIF China(-1)  04-25|Calcium-silicon 30-60 FOB China(40)  04-25|Molybdenum Oxide 57%min In port South Korea(0.5)  04-25
  • Monthly Silicon Carbide Market Report Aug 2023

    2023-09-12 08:23:57   【Print】
    The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
    Please contact us for a subscription.

    Contents
    1 Market Highlights 3
    2 Economy and Policy 3
    3 Market Movements 3
    3.1 Chinese Market 3
    3.1.1 Black Silicon Carbide 88%min 0-10mm EXW China 3
    3.1.2 Black Silicon Carbide 98%min 10-30mm EXW China 3
    3.1.3 Black silicon carbide 98%min F16-100 EXW China 4
    3.1.Asian Metal Copyright 7.Asian Metal Copyright4 Green Silicon Carbide 98.5%min 10-30mm EXW China 4
    3.1.Asian Metal Copyright Having a present annual production capacity of 40,000t, they produced about 11,000t in 2022 and they produced about 6,000t so far in 2023.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 stopped black silicon carbide production 6
    4.2 Tianzhu Wenhong resumed black silicon carbide production 6
    4.3 Tianzhu Guangfu resumed black silicon carbide production 6
    4.4 Lanzhou Baochuan to increase black silicon carbide production capacity 6
    5 Producers Statistics 6
    5.1 Chinese black silicon carbide producers' statistics 6
    5.1.Asian Metal Copyright Contents 1 Market Highlights 3 2 Economy and Policy 3 3 Market Movements 3 3.Asian Metal Copyright1 Chinese black silicon carbide producers' operating rate up by 1.49%MoM in August 6
    5.1.Asian Metal Copyright2 China to scale up medium and long-term lending toward manufacturing sector China is ready to unleash the potential of consumption further and create a consumption supply system of high-quality, said an official from the National Development and Reform Commission NDRC at a news conference held on August 17.Asian Metal Copyright2 Chinese black silicon carbide producers' output up by 3.24% MoM in August 7
    5.1.Asian Metal Copyright 8.Asian Metal Copyright3 Chinese black silicon carbide producers' inventory up by 5.73% MoM in August 7
    5.2 Chinese Green silicon carbide producers' statistics 8
    5.2.Asian Metal Copyright "Due to the restriction policy of local government, we have to halt production in early July to upgrade our furnace from 12,500kva into 25,000kva, expecting to finish in the first quarter of 2024.Asian Metal Copyright1 Chinese green silicon carbide producers' operating rate down by 0.81% MoM in August 8
    5.2.Asian Metal Copyright3 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.Asian Metal Copyright2 Chinese green silicon carbide producers' output down by 1.86% MoM in August 8
    5.2.Asian Metal Copyright .Asian Metal Copyright3 Chinese green silicon carbide producers' inventory down by 5.66% MoM in August 8
    6 Custom Statistics 9
    6.1 China's silicon carbide export volume declined 32.18% YoY in Jul 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 Copyright02% 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 August due to the sluggish Market demand.

    Most exporters cut their prices down in August due to the sluggish overseas 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 H1 foreign trade exceeds 20 trillion yuan for first time
    China's total goods imports and exports volume rose by 2.1% year-on-year to 20.Asian Metal Copyright37mt in the same period last year and USD806.Asian Metal Copyright1 trillion yuan (2.Asian Metal CopyrightS.Asian Metal Copyright81 trillion U.Asian Metal Copyright 5 Producers Statistics 5.Asian Metal CopyrightS.Asian Metal Copyright 5 Producers Statistics 5.Asian Metal Copyright dollars) in the first half of 2023, and it is the first time the country's foreign trade volume exceeded the 20 trillion yuan mark in the January-June period, according to the General Administration of Customs.Asian Metal Copyright75mt in the same period last year, down 14.Asian Metal Copyright In the first six months, China's exports hit 11.Asian Metal Copyright "We shut down our production line in early June due to weak demand and started to upgrade our furnaces.Asian Metal Copyright46 trillion yuan (1.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 Jul 2023, the top three export destinations of silicon carbide for China were United States, Japan and Mexico.Asian Metal Copyright6 trillion U.Asian Metal Copyright2.Asian Metal CopyrightS.Asian Metal Copyright4 Lanzhou Baochuan to increase black silicon carbide production capacity 6 5 Producers Statistics 6 5.Asian Metal Copyright dollars), up by 3.Asian Metal Copyright1.Asian Metal Copyright7% YoY, while imports slightly declined by 0.Asian Metal Copyright5 Green Silicon Carbide 98.Asian Metal Copyright1% YoY to 8.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 Copyright64 trillion yuan (1.Asian Metal Copyright 8.Asian Metal Copyright21 trillion U.Asian Metal Copyright1 Chinese Market 10 8.Asian Metal CopyrightS.Asian Metal Copyright3.Asian Metal Copyright dollars).

    The increasing export growth shows market confidence to China's economy.

    2.2 China to scale up medium and long-term lending toward manufacturing sector
    China is ready to unleash the potential of consumption further and create a consumption supply system of high-quality, said an official from the National Development and Reform Commission (NDRC) at a news conference held on August 17. According to NDRC, new efforts will be put in place to stabilize and expand investment in manufacturing.Asian Metal Copyright Most producers cut their prices to boost sales in August due to the sluggish market demand.Asian Metal Copyright Efforts will also be made in providing more medium- and long-term loans towards manufacturing to realize high-quality growth of the sector.

    This policy boost the long-term development of manufacture industry of China.

    3 Market Movements

    3.1 Chinese Market
    3.1.1 Black Silicon Carbide 88%min 0-10mm EXW China
    In late August, the mainstream prices of Chinese black silicon carbide 88%min 0-10mm stood at RMB4,800-5,100/t (USD666-707/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 August due to the sluggish market demand.

    Black Silicon Carbide 88%min 0-10mm EXW China Price Trend from 2023-07-01 to 2023-08-31 (RMB/t)


    3.1.2 Black Silicon Carbide 98%min 10-30mm EXW China
    In late August, the prevailing prices of Chinese black silicon carbide 98%min 10-30cm hovered at RMB6,900-7,200/t (USD957-999/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 August due to the sluggish market demand.

    Black Silicon Carbide 98%min 10-30mm EXW China Price Trend from 2023-07-01 to 2023-08-31 (RMB/t)


    3.1.3 Black silicon carbide 98%min F16-100 EXW China
    In late August, the prevailing prices of Chinese black silicon carbide 98%min F16-100 hovered at RMB9,000-9,300/t (USD1,245-1,286/t) Inc-VAT EXW D/A 180 days, down by RMB100/t (USD14/t) from late last month. Most producers cut their prices to compete for orders in late August due to the sluggish market demand.

    Black silicon carbide 98%min F16-100 EXW China Price Trend from 2023-07-01 to 2023-08-31 (RMB/t)


    3.1.Asian Metal Copyright46 trillion yuan 1.Asian Metal Copyright4 Green Silicon Carbide 98.5%min 10-30mm EXW China
    In late August, the mainstream prices of Chinese green silicon carbide 98.5%min 10-30cm stood at RMB10,400-10,600/t (USD1,1443-1,471/t) Inc-VAT EXW D/A 180 days, down by RMB400/t (USD56/t) from late last month.Asian Metal Copyright Green Silicon Carbide 98%min F240 FOB China Price Trend from 2023-07-01 to 2023-08-31 USDt 3.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 2023-07-01 to 2023-08-31 (RMB/t)


    3.1.Asian Metal Copyright The average price was USD863.Asian Metal Copyright5 Green Silicon Carbide 98.5%min F240 EXW China
    In late August, the prevailing prices of Chinese green silicon carbide 98.5%min F240 stood at RMB15,600-16,100/t (USD2,159-2,228/t) Inc-VAT EXW D/A 180 days, down by RMB200/t (USD28/t) from late last month.Asian Metal Copyright 7.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 2023-07-01 to 2023-08-31 (RMB/t)


    3.1.6 Green Silicon Carbide 98%min JIS2000 EXW China
    In late August, the mainstream prices of Chinese green silicon carbide 98.5%min JIS2000 stood at RMB22,800-23,800/t (USD3,153-3,391/t) Inc-VAT EXW D/A 180 days, down by RMB100/t (USD14/t) from late last month.Asian Metal Copyright, a main black silicon carbide producer from Gansu, resumed their black silicon carbide production on 2nd August, expecting to produce about 700t in August.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 2023-07-01 to 2023-08-31 (RMB/t)


    3.2 Chinese Export Market

    3.2.1 Black Silicon Carbide 88%min 0-10mm FOB China
    In late August, the mainstream export prices of Chinese black silicon carbide 88%min 0-10mm stood at USD785-815/t Inc-VAT FOB China, down by USD5/t from late last month. Most exporters cut their prices down in late August due to the sluggish market demand and the dropped domestic prices.

    Black Silicon Carbide 88%min 0-10mm FOB China Price Trend from 2023-07-01 to 2023-08-31 (USD/t)


    3.2.2 Black Silicon Carbide 98%min F16-100 FOB China
    In late August, the mainstream export prices of Chinese black silicon carbide 98%min F16-100 stood at USD1,310-1,340/t Inc-VAT FOB China, down by USD10/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 2023-07-01 to 2023-08-31 (USD/t)


    3.2.3 Green Silicon Carbide 98%min F240 FOB China
    In late August, the mainstream export prices of Chinese green silicon carbide 98%min F240 stood at USD2,760-2,860/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 2023-07-01 to 2023-08-31 (USD/t)


    3.2.4 Green Silicon Carbide 98%min JIS2000 FOB China
    In late August, the mainstream export prices of Chinese green silicon carbide 98%min JIS2000 stood at USD3,760-3,860/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 2023-07-01 to 2023-08-31 (USD/t)


    3.3 International Market

    3.3.1 Black Silicon Carbide 88%min 0-10mm CIF Europe
    In late August, the mainstream prices of black silicon carbide 88%min 0-10mm hovered at EUR830-880/t CIF Europe, down by EUR5/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 2023-07-01 to 2023-08-31 (EUR/t)


    4. Company News

    4.1 Lanzhou Xinyongda stopped black silicon carbide production
    As a black silicon carbide producer from Gansu, Lanzhou Xinyongda Silicon Carbide Co., Ltd.Asian Metal Copyright China exported 9,222.Asian Metal Copyright just stopped their black silicon carbide production on 28th July due to the terrible sales and thin profit.Asian Metal Copyright01mt of silicon carbide to Japan, 5,746.Asian Metal Copyright They only produced about 400t last month.Asian Metal Copyright1.Asian Metal Copyright "Given the extremely sluggish demand and the fierce competition from other producers, we could barely get orders with current price and hard to lower further based on thin profit, so we have to halt production to control costs", an insider from the company revealed, noting that they only produced about 400t in July.Asian Metal Copyright1.Asian Metal Copyright With a production capacity of 15,000tpy, the company produced only about 5,500t in 2022 due to furnace upgrading and they would keep same production scale this year due to weak demand.Asian Metal Copyright 2.Asian Metal Copyright They hold an inventory about 300t at present.

    4.2 Tianzhu Wenhong resumed black silicon carbide production
    Tianzhu Wenhong Technology Co., Ltd.Asian Metal Copyright1.Asian Metal Copyright, a main black silicon carbide producer from Gansu, resumed their black silicon carbide production on 2nd August, expecting to produce about 700t in August.Asian Metal Copyright In Jul 2023, China exported USD35,123,337.Asian Metal Copyright "We shut down our production line in early June due to weak demand and started to upgrade our furnaces.Asian Metal Copyright94mt in the previous month, down 25.Asian Metal Copyright After the market demand turned better, we resumed production since 2nd August", a source from the company revealed, noting that they expected to produce about 700t this month.Asian Metal Copyright00% YoY.Asian Metal Copyright Having a present annual production capacity of 40,000t, they produced about 11,000t in 2022 and they produced about 6,000t so far in 2023.Asian Metal Copyright6 Green Silicon Carbide 98%min JIS2000 EXW China In late August, the mainstream prices of Chinese green silicon carbide 98.Asian Metal Copyright They had no stock at the moment.

    4.3 Tianzhu Guangfu resumed black silicon carbide production
    A major black silicon carbide producer in Gansu, Tianzhu Guangfu Carbon Materials Co., Ltd.Asian Metal Copyright81% MoM and up by 5.Asian Metal Copyright resumed their black silicon carbide production on 10th August after equipment upgrading and expected to produce about 1,500t in August.Asian Metal Copyright2 Chinese black silicon carbide producers' output up by 3.Asian Metal Copyright "We halted production on 15th March to upgrade our furnace and we finished the installment of environmental protectional equipment this month and resumed production on 10th August ", a source from the company disclosed, noting that they plan to produce about 1,500t this month.Asian Metal Copyright3.Asian Metal Copyright With a present annual production capacity of 50,000t, they produced about 30,000t in the past year and they only produced about 5,000t so far this year due to furnace upgrading.Asian Metal Copyright39%, down by 1.Asian Metal Copyright They hold an inventory of nearly 1,500t at the moment.

    4.4 Lanzhou Baochuan to increase black silicon carbide production capacity
    Lanzhou Baochuan Silicon Carbide Co., Ltd.Asian Metal Copyright 8 Market Outlook for Next Month 8.Asian Metal Copyright, a black silicon carbide producer from Gansu, plans to increase their black silicon carbide production capacity into 28,000tpy since the first quarter of 2024.Asian Metal Copyright They had no stock at the moment.Asian Metal Copyright "Due to the restriction policy of local government, we have to halt production in early July to upgrade our furnace from 12,500kva into 25,000kva, expecting to finish in the first quarter of 2024.Asian Metal Copyright42% YoY and up 544.Asian Metal Copyright Now they are waiting for the certificate from the authority and estimate to start the project since early October", a source from the company revealed, noting that they would increased their production capacity from 12,000 into 28,000tpy.Asian Metal Copyright .Asian Metal Copyright With an annual production capacity of 12,000t, the company had an output of almost 4,000t in 2022 due to furnace upgrading and produced about 6,000t so far in 2023.Asian Metal Copyright05% YoY and down 40.Asian Metal Copyright Currently they hold an inventory of nearly 1,800t.

    5 Producers Statistics

    5.1 Chinese black silicon carbide producers' statistics

    5.1.Asian Metal Copyright China exported 2,436.Asian Metal Copyright1 Chinese black silicon carbide producers' operating rate up by 1.49%MoM in August
    In August 2023, Chinese black silicon carbide producers' operating rate was 47.31%%, up by 1.Asian Metal Copyright07% MoM.Asian Metal Copyright49% MoM and up by 0.Asian Metal Copyright83% MoM.Asian Metal Copyright42% YoY.

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


    In August 2023, the black silicon carbide producers' operating rate in Gansu was 37.53%, up by 3.Asian Metal Copyright Currently they hold an inventory of nearly 1,800t.Asian Metal Copyright62% MoM and down by 10.Asian Metal Copyright81% MoM and up by 5.Asian Metal Copyright00% YoY; that in Ningxia was 60.Asian Metal Copyright dollars, up by 3.Asian Metal Copyright39%, down by 1.Asian Metal Copyright Given the dropped lump prices and the sluggish market demand, most producers cut their prices to compete for orders.Asian Metal Copyright38% MoM and up by 8.Asian Metal Copyright3 Chinese green silicon carbide producers' inventory down by 5.Asian Metal Copyright97% YoY; that in other areas was 54.Asian Metal Copyright Most exporters cut their prices down in August due to the sluggish overseas market demand and reduced domestic prices.Asian Metal Copyright43%, unchanged MoM and up by 45.Asian Metal Copyright1 Chinese black silicon carbide producers' operating rate up by 1.Asian Metal Copyright50% YoY.

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


    5.1.Asian Metal CopyrightS.Asian Metal Copyright2 Chinese black silicon carbide producers' output up by 3.24% MoM in August
    In August 2023, Chinese black silicon carbide producers' output was 89,000t, up by 3.24% MoM and up by 6.Asian Metal Copyright dollars, up by 3.Asian Metal Copyright84% YoY.

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


    In August 2023, the black silicon carbide producers' output in Gansu was 37,400t, up by 9.62% MoM and down by 12.Asian Metal Copyright04mt of silicon carbide, 241,341.Asian Metal Copyright00% YoY; that in Ningxia was 35,000t, down by 2.Asian Metal Copyright21 trillion U.Asian Metal Copyright28% MoM and up by 17.Asian Metal Copyright 8.Asian Metal Copyright44% YoY; that in other areas was 16,600t, unchanged MoM and up by 156.Asian Metal Copyright1.Asian Metal Copyright00% YoY.

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


    5.1.Asian Metal Copyright, Ltd.Asian Metal Copyright3 Chinese black silicon carbide producers' inventory up by 5.73% MoM in August
    In August 2023, Chinese black silicon carbide producers' inventory was 77,400t, up by 5.73% MoM and up by 2.Asian Metal Copyright Given the decreased export prices and lower freight, most European sellers cut their prices to compete for orders.Asian Metal Copyright92% YoY.

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


    In August 2023, the black silicon carbide producers' inventory in Gansu was 36,700t, up by 17.62% MoM and down by 5.Asian Metal Copyright1.Asian Metal Copyright16% YoY; that in Ningxia was 25,200t, up by 0.Asian Metal Copyright31mt in the previous month, down 32.Asian Metal Copyright39% MoM and up by 26.Asian Metal Copyright5%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.Asian Metal Copyright00% YoY; that in other areas was 15,500t, down by 8.Asian Metal Copyright1.Asian Metal Copyright28% MoM and up by 207.Asian Metal Copyright, a main black silicon carbide producer from Gansu, resumed their black silicon carbide production on 2nd August, expecting to produce about 700t in August.Asian Metal Copyright27% YoY.

    Chinese black silicon carbide producers' inventory by province from August 2022 to August 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 down by 0.81% MoM in August
    In August 2023, Chinese green silicon carbide producers operating rate was 42.58%, down by 0.Asian Metal Copyright31%%, up by 1.Asian Metal Copyright81% MoM and up by 5.Asian Metal Copyright3.Asian Metal Copyright02% YoY.

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


    5.2.Asian Metal Copyright 8.Asian Metal Copyright2 Chinese green silicon carbide producers' output down by 1.86% MoM in August
    In August 2023, Chinese green silicon carbide producers' output was 10,500t, down by 1.86% MoM, up by 25.Asian Metal Copyright1 Chinese Market 8.Asian Metal Copyright00% YoY.

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


    5.2.Asian Metal Copyright3 International Market 8.Asian Metal Copyright3 Chinese green silicon carbide producers' inventory down by 5.66% MoM in August
    In August 2023, Chinese green silicon carbide producers' inventory was 10,000t, down by 5.66% MoM and up by 58.Asian Metal Copyright "Due to the restriction policy of local government, we have to halt production in early July to upgrade our furnace from 12,500kva into 25,000kva, expecting to finish in the first quarter of 2024.Asian Metal Copyright73% YoY.

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


    6 Custom Statistics

    6.1 China's silicon carbide export volume declined 32.18% YoY in Jul 2023
    In Jul 2023, China exported 28,635.11mt of silicon carbide, 42,220.Asian Metal Copyright Most producers cut their prices to boost sales in August due to the sluggish market demand.Asian Metal Copyright42mt in the same period last year and 25,378.Asian Metal Copyright3.Asian Metal Copyright31mt in the previous month, down 32.Asian Metal Copyright They only produced about 400t last month.Asian Metal Copyright18% YoY and up 12.Asian Metal Copyright2 Chinese Export Market 4 3.Asian Metal Copyright83% MoM.
    In Jul 2023, China exported USD35,123,337.00 worth of silicon carbide, USD56,089,589.Asian Metal Copyright1.Asian Metal Copyright00 in the same period last year and USD34,695,802.Asian Metal Copyright49%MoM in August 6 5.Asian Metal Copyright00 in the previous month, down 37.Asian Metal Copyright24% MoM in August In August 2023, Chinese black silicon carbide producers' output was 89,000t, up by 3.Asian Metal Copyright38% YoY and up 1.Asian Metal Copyright15mt in the previous month, down 17.Asian Metal Copyright23% MoM.Asian Metal Copyright1.Asian Metal Copyright The average price was USD1,226.58/mt, USD1,328.49/mt in the same period last year and USD1,367.14/mt in the previous month.
    In Jan-Jul 2023, China exported a total of 206,243.04mt of silicon carbide, 241,341.Asian Metal Copyright1.Asian Metal Copyright75mt in the same period last year, down 14.Asian Metal Copyright53%, up by 3.Asian Metal Copyright54% YoY.
    China's export volume of silicon carbide in previous 13 months

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

    In Jul 2023, the top three export destinations of silicon carbide for China were United States, Japan and Mexico.
    China exported 9,222.09mt of silicon carbide to United States, 16,592.Asian Metal Copyright Chinese black silicon carbide producers' operating rate from August 2022 to August 2023 % In August 2023, the black silicon carbide producers' operating rate in Gansu was 37.Asian Metal Copyright70mt in the same period last year and 1,431.Asian Metal Copyright62% MoM and down by 10.Asian Metal Copyright42mt in the previous month, down 44.Asian Metal Copyright With a present annual production capacity of 50,000t, they produced about 30,000t in the past year and they only produced about 5,000t so far this year due to furnace upgrading.Asian Metal Copyright42% YoY and up 544.Asian Metal Copyright3 Chinese green silicon carbide producers' inventory down by 5.Asian Metal Copyright26% MoM.Asian Metal Copyright "We shut down our production line in early June due to weak demand and started to upgrade our furnaces.Asian Metal Copyright The average price was USD670.27/mt, USD899.45/mt in the same period last year and USD1,037.94/mt in the previous month, down 25.Asian Metal Copyright Given the sluggish overseas market demand and the dropped domestic prices, most exporters cut their prices to boost sales.Asian Metal Copyright47% YoY and down 35.Asian Metal Copyright5 Green Silicon Carbide 98.Asian Metal Copyright45% MoM.
    China exported 4,746.01mt of silicon carbide to Japan, 5,746.Asian Metal Copyright2.Asian Metal Copyright65mt in the same period last year and 5,631.Asian Metal Copyright39% MoM and up by 26.Asian Metal Copyright15mt in the previous month, down 17.Asian Metal Copyright resumed their black silicon carbide production on 10th August after equipment upgrading and expected to produce about 1,500t in August.Asian Metal Copyright41% YoY and down 15.Asian Metal Copyright24% MoM in August In August 2023, Chinese black silicon carbide producers' output was 89,000t, up by 3.Asian Metal Copyright72% MoM.Asian Metal Copyright03% YoY and up 11.Asian Metal Copyright The average price was USD2,226.19/mt, USD2,344.00/mt in the same period last year and USD1,989.74/mt in the previous month, down 5.Asian Metal Copyright China exported 9,222.Asian Metal Copyright03% YoY and up 11.Asian Metal Copyright04mt of silicon carbide, 241,341.Asian Metal Copyright86% MoM.
    China exported 2,436.75mt of silicon carbide to Mexico, 2,650.Asian Metal Copyright23% MoM.Asian Metal Copyright05mt in the same period last year and 4,068.Asian Metal Copyright1.Asian Metal Copyright51mt in the previous month, down 8.Asian Metal Copyright2.Asian Metal Copyright05% YoY and down 40.Asian Metal Copyright18% YoY in Jul 2023 In Jul 2023, China exported 28,635.Asian Metal Copyright11% MoM.Asian Metal Copyright86% MoM in August In August 2023, Chinese green silicon carbide producers' output was 10,500t, down by 1.Asian Metal Copyright The average price was USD863.35/mt, USD1,012.37/mt in the same period last year and USD806.44/mt in the previous month, down 14.Asian Metal Copyright5 Green silicon carbide 98%min F240 EXW China 10 8.Asian Metal Copyright72% YoY and up 7.Asian Metal Copyright86% MoM.Asian Metal Copyright07% 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 decrease in the past month, which lead to the reduced production costs of green silicon carbide.

    7.2 Anthracite
    The price of anthracite keep stable in the past month, which lead to the firm 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 Copyright01mt of silicon carbide to Japan, 5,746.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 Copyright4 Green Silicon Carbide 98Asian Metal Copyright
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