Monthly Silicon Carbide Market Report Jan 2024

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 Copyright1.Asian Metal Copyright4 Green Silicon Carbide 98.5%min 10-30mm EXW China 4
3.1.Asian Metal Copyright4 Green Silicon Carbide 98.Asian Metal Copyright5 Green Silicon Carbide 98.5%min F240 EXW China 4
3.1.6 Green Silicon Carbide 98%min JIS2000 EXW China 4
3.2 Chinese Export Market 5
3.2.1 Black Silicon Carbide 88%min 0-10mm FOB China 5
3.2.2 Black Silicon Carbide 98%min F16-100 FOB China 5
3.2.3 Green Silicon Carbide 98%min F240 FOB China 5
3.2.4 Green Silicon Carbide 98%min JIS2000 FOB China 5
3.3 International Market 6
3.3.1 Black Silicon Carbide 88%min 0-10mm CIF Europe 6
4. Company News 6
4.1 Gansu Hongding resumes black silicon carbide production 6
4.2 Hualong Yongsheng to resume black silicon carbide production 6
4.3 Lanzhou Zhongli resumes black silicon carbide production 6
4.4 Qinghai Xinchang resumes black silicon carbide production 6
5 Producers Statistics 6
5.1 Chinese black silicon carbide producers' statistics 6
5.1.Asian Metal Copyright48% MoM in Jan In Jan 2024, Chinese black silicon carbide producers' inventory was 88,700t, down by 9.Asian Metal Copyright1 Chinese black silicon carbide producers' operating rate up by 4.63%MoM in Jan 6
5.1.Asian Metal Copyright2 Chinese black silicon carbide producers' output up by 10.Asian Metal Copyright2 Chinese black silicon carbide producers' output up by 10.38% MoM in Jan 7
5.1.Asian Metal Copyright4 Qinghai Xinchang resumes black silicon carbide production Qinghai Xinchang Silicon Carbide Co.Asian Metal Copyright3 Chinese black silicon carbide producers' inventory down by 9.48% MoM in Jan 7
5.2 Chinese Green silicon carbide producers' statistics 8
5.2.1 Chinese green silicon carbide producers' operating rate down unchanged MoM in Jan 8
5.2.2 Chinese green silicon carbide producers' output unchanged MoM in Jan 8
5.2.Asian Metal Copyright2.Asian Metal Copyright3 Chinese green silicon carbide producers' inventory down by 19.04% MoM in Jan 8
6 Custom Statistics 9
6.1 China's silicon carbide export volume rose 41.07% MoM in Dec 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 Copyright30mt in the previous month, down 17.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 firmed their prices of 88%min in Jan based on the high costs and high demand, while they cut their prices of 98%min to boost sales in Jan due to the sluggish market demand.

Despite the firm domestic prices, most exporters cut their prices of 88%min in late Jan due to the weak overseas market demand, while they cut their prices of 98%min in Jan due to the sluggish overseas market demand and reduced domestic prices.

Despite the decreased export prices, given the increased sea freights, most European sellers increased their prices in the past month.

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

Most exporters insisted on their prices this month given the soft overseas buyers demand but firm domestic prices.

2 Economy and Policy

2.1 China to adjust import and export tariffs in 2024
China will adjust import and export tariffs rate on some commodities from January 1, 2024, the Customs Tariff Commission of the State Council said in a statement on Thursday. In 2024, China will implement provisional import tariffs that are lower than the most-favored-nation (MFN) rates on 1,010 commodities.Asian Metal Copyright2.Asian Metal Copyright Import tariffs on key resources, equipment and components that are domestically scarce, such as lithium chloride, cobalt carbonate, low arsenic fluorite and gas diffusion layers used for fuel cell, will be lowered to facilitate the development of the country's advanced manufacturing industries.Asian Metal Copyright2 Black Silicon Carbide 98%min 10-30mm EXW China In late Jan, the prevailing prices of Chinese black silicon carbide 98%min 10-30cm hovered at RMB6,050-6,350t USD851-894t Inc-VAT EXW DA 180 days, down by RMB150t USD21t from late last month.Asian Metal Copyright In addition, China will continue to impose export tariffs on 107 commodities including ferrochrome, with 68 commodities subject to provisional tariffs.

The Janreasing export tariffs would increase China's silicon carbide competitiveness.

2.2 China completes on-site work for third round of central environmental inspections
Five central environmental inspection teams were recently dispatched to Fujian, Henan, Hainan, Gansu and Qinghai to conduct the first batch of the third round of inspections. As of Jan 18, the on-site inspections carried out in the five provinces have been completed.Asian Metal Copyright1 China's silicon carbide export volume rose 41.Asian Metal Copyright The first batch of inspection teams have dealt with public complaints related to 13,718 cases, with 608 companies subject to penalty and a total of 180 officials held accountable for environmental damage.

The completion of inspection would release the supply of silicon carbide in Gansu and Qinghai.

3 Market Movements

3.1 Chinese Market
3.1.1 Black Silicon Carbide 88%min 0-10mm EXW China
In late Jan, the mainstream prices of Chinese black silicon carbide 88%min 0-10mm stood at RMB4,800-5,100/t (USD667-709/t) Inc-VAT EXW D/A 180 days, unchanged from late last month. Despite the weak demand, given the firm production costs, most producers firm their prices in Jan.

Black Silicon Carbide 88%min 0-10mm EXW China Price Trend from 2023-12-01 to 2024-01-31 (RMB/t)


3.1.2 Black Silicon Carbide 98%min 10-30mm EXW China
In late Jan, the prevailing prices of Chinese black silicon carbide 98%min 10-30cm hovered at RMB6,050-6,350/t (USD851-894/t) Inc-VAT EXW D/A 180 days, down by RMB150/t (USD21/t) from late last month. Most producers cut their prices to boost sales in Jan due to the sluggish market demand.

Black Silicon Carbide 98%min 10-30mm EXW China Price Trend from 2023-12-01 to 2024-01-31 (RMB/t)


3.1.3 Black silicon carbide 98%min F16-100 EXW China
In late Jan, the prevailing prices of Chinese black silicon carbide 98%min F16-100 hovered at RMB8,000-8,300/t (USD1,133-1,175/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 Jan due to the sluggish market demand.

Black silicon carbide 98%min F16-100 EXW China Price Trend from 2023-12-01 to 2024-01-31 (RMB/t)


3.1.Asian Metal Copyright3 International Market 10 8.Asian Metal Copyright4 Green Silicon Carbide 98.5%min 10-30mm EXW China
In late Jan, the mainstream prices of Chinese green silicon carbide 98.5%min 10-30cm stood at RMB10,200-10,400/t (USD1,419-1,447/t) Inc-VAT EXW D/A 180 days, unchanged from late last month.Asian Metal Copyright 8.Asian Metal Copyright Though the dropped petroleum coke prices, considering the stable market demand, most producers firmed their prices this month.

Green Silicon Carbide 98.5%min 10-30mm EXW China Price Trend from 2023-12-01 to 2024-01-31 (RMB/t)


3.1.Asian Metal Copyright38% MoM in Jan In Jan 2024, Chinese black silicon carbide producers' output was 74,400t, up by 10.Asian Metal Copyright5 Green Silicon Carbide 98.5%min F240 EXW China
In late Jan, the prevailing prices of Chinese green silicon carbide 98.5%min F240 stood at RMB14,000-14,500/t (USD1,948-2,017/t) Inc-VAT EXW D/A 180 days, unchanged from late last month.Asian Metal Copyright04% MoM and down by 48.Asian Metal Copyright Given that the lump prices stay firm, and the stable downstream market, most producers firm their prices this month.

Green Silicon Carbide 98.5%min F240 EXW China Price Trend from 2023-12-01 to 2024-01-31 (RMB/t)


3.1.6 Green Silicon Carbide 98%min JIS2000 EXW China
In late Jan, the mainstream prices of Chinese green silicon carbide 98.5%min JIS2000 stood at RMB22,500-23,500/t (USD3,079-3,216/t) Inc-VAT EXW D/A 180 days, unchanged from late last month.Asian Metal Copyright1.Asian Metal Copyright Given that the lump prices stay firm, and the stable downstream market, most producers firm their prices this month.

Green Silicon Carbide 98%min JIS2000 EXW China Price Trend from 2023-12-01 to 2024-01-31 (RMB/t)


3.2 Chinese Export Market

3.2.1 Black Silicon Carbide 88%min 0-10mm FOB China
In late Jan, the mainstream export prices of Chinese black silicon carbide 88%min 0-10mm stood at USD780-810/t Inc-VAT FOB China, down by USD10/t from late last month. Despite the firm domestic prices, most exporters cut their prices in late Jan due to the weak overseas market demand.

Black Silicon Carbide 88%min 0-10mm FOB China Price Trend from 2023-12-01 to 2024-01-31 (USD/t)


3.2.2 Black Silicon Carbide 98%min F16-100 FOB China
In late Jan, the mainstream export prices of Chinese black silicon carbide 98%min F16-100 stood at USD1,190-1,220/t Inc-VAT FOB China, down by USD25/t from late last month. Most exporters cut their prices in late Jan due to the weak overseas market demand and the dropped domestic prices.

Black Silicon Carbide 98%min F16-100 FOB China Price Trend from 2023-12-01 to 2024-01-31 (USD/t)


3.2.3 Green Silicon Carbide 98%min F240 FOB China
In late Jan, the mainstream export prices of Chinese green silicon carbide 98%min F240 stood at USD2,700-2,800/t Inc-VAT FOB China, unchanged from late last month. Most exporters firm their prices in Jan given the stable domestic prices and firm demand.

Green Silicon Carbide 98%min F240 FOB China Price Trend from 2023-12-01 to 2024-01-31 (USD/t)


3.2.4 Green Silicon Carbide 98%min JIS2000 FOB China
In late Jan, the mainstream export prices of Chinese green silicon carbide 98%min JIS2000 stood at USD3,730-3,830/t Inc-VAT FOB China, unchanged from late last month. Most exporters firm their prices in Jan given the stable domestic prices and firm demand.

Green Silicon Carbide 98%min JIS2000 FOB China Price Trend from 2023-12-01 to 2024-01-31 (USD/t)


3.3 International Market

3.3.1 Black Silicon Carbide 88%min 0-10mm CIF Europe
In late Jan, the mainstream prices of black silicon carbide 88%min 0-10mm hovered at EUR960-1010/t CIF Europe, up by EUR120/t from late last month. Despite the decreased export prices, given the increased sea freight, most European sellers lifted their prices in the past month.

Black Silicon Carbide 88%min 0-10mm Delivered Europe Price Trend from 2023-12-01 to 2024-01-31 (EUR/t)


4. Company News

4.1 Gansu Hongding resumes black silicon carbide production
Gansu Hongding Abrasive Technology Co., Ltd.Asian Metal Copyright5%min 10-30mm EXW China Price Trend from 2023-12-01 to 2024-01-31 RMBt 3.Asian Metal Copyright, as a major black silicon carbide producer in China, resumes their black silicon carbide production since early this month, expecting to produce about 3,000t this month.Asian Metal Copyright99% YoY.Asian Metal Copyright "We suspended production since late November due to the environmental protectional inspection, but we resumes production since 1st January as the inspection finished", an insider from the company discloses, noting that they plan to produce about 3,000t in January.Asian Metal Copyright With a production capacity of 30,000tpy, they produced almost 17,000t in 2022 and about 17,000t in 2023.Asian Metal Copyright Having a production capacity of 84,000tpy, they produced about 75,000t in 2022 and produced about 70,000t last year.Asian Metal Copyright In Jan-Dec 2023, China exported a total of 351,903.Asian Metal Copyright They have an inventory of only 1,000t at present.

4.2 Hualong Yongsheng to resume black silicon carbide production
Hualong Yongsheng New materials Co., Ltd.Asian Metal Copyright Black Silicon Carbide 98%min F16-100 FOB China Price Trend from 2023-12-01 to 2024-01-31 USDt 3.Asian Metal Copyright, as a primary black silicon carbide producer in Qinghai, plans to resume black silicon carbide production within a week, expecting to produce about 800t this month.

"We reached full suspension since late October due to the inspection of environmental protection and now plan to resume production within a week", an insider from the company stated, adding that they expected to have an output of nearly 800t in January. Having an annual production capacity of 25,000t, they suspended production in 2022 and produced about 5,000t in 2023.Asian Metal Copyright Black Silicon Carbide 88%min 0-10mm Delivered Europe Price Trend from 2023-12-01 to 2024-01-31 EURt 4.Asian Metal Copyright They had an inventory of only 100t at present.

4.3 Lanzhou Zhongli resumes black silicon carbide production
As a well-known black silicon carbide producer in Gansu, Lanzhou Zhongli Industrial materials Co., Ltd.Asian Metal Copyright1.Asian Metal Copyright, resumes their black silicon carbide production about a week ago, anticipating an output of almost 500t this month.Asian Metal Copyright3 International Market 10 8.Asian Metal Copyright "We suspended production since 7th December because of the inspection of environmental protection, and we resumed production about a week ago as the inspection completed", a source from the company discloses, noting that they have no output in December.Asian Metal Copyright2.Asian Metal Copyright With a production capacity of 30,000tpy, they produced almost 17,000t in 2022 and about 17,000t in 2023.Asian Metal Copyright As of Jan 18, the on-site inspections carried out in the five provinces have been completed.Asian Metal Copyright Currently they hold an inventory of only 300t.

4.4 Qinghai Xinchang resumes black silicon carbide production
Qinghai Xinchang Silicon Carbide Co., Ltd.Asian Metal Copyright3 Chinese green silicon carbide producers' inventory down by 19.Asian Metal Copyright, as a major black silicon carbide producer in Qinghai, resumed their black silicon carbide production about two weeks ago, expecting an output of nearly 1,500t this month.Asian Metal Copyright1.Asian Metal Copyright "We suspended production since August due to the inspection of environmental protection and only produced three months in 2023.Asian Metal Copyright1.Asian Metal Copyright Now we resumed production about two weeks ago after we get permission from local government", a source from the company reveals, adding that they plan to produce about 1,500t in January.Asian Metal Copyright1.Asian Metal Copyright Having an annual production capacity of 30,000t, they produced about 5,000t in 2022 and produced about 4,000t in 2023.Asian Metal Copyright1.Asian Metal Copyright They had an inventory of nearly 500t at the moment.

5 Producers Statistics

5.1 Chinese black silicon carbide producers' statistics

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 4.63%MoM in Jan
In Jan 2024, Chinese black silicon carbide producers' operating rate was 40.78%, up by 4.Asian Metal Copyright 8.Asian Metal Copyright63% MoM and down by 90.Asian Metal Copyright02mt in the same period last year and USD865.Asian Metal Copyright35% YoY.

Chinese black silicon carbide producers' operating rate from Jan 2023 to Jan 2024 (%)


In Jan 2024, the black silicon carbide producers' operating rate in Gansu was 41.00%, up by 7.Asian Metal Copyright Chinese black silicon carbide producers' inventory from Jan 2023 to Jan 2024 t In Jan 2024, the black silicon carbide producers' inventory in Gansu was 30,200t, down by 11.Asian Metal Copyright18% MoM and up by 7.Asian Metal Copyright33% YoY.Asian Metal Copyright22% YoY; that in Ningxia was 39.Asian Metal Copyright 8.Asian Metal Copyright97%, up 1.Asian Metal Copyright3 Green silicon carbide 98%min F240 FOB China 10 8.Asian Metal Copyright74% MoM and down by 7.Asian Metal Copyright4 Green silicon carbide 98.Asian Metal Copyright86% YoY; that in other areas was 53.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 Copyright33%, down by 8.Asian Metal Copyright3 Chinese black silicon carbide producers' inventory down by 9.Asian Metal Copyright89% MoM and down by 17.Asian Metal Copyright, resumes their black silicon carbide production about a week ago, anticipating an output of almost 500t this month.Asian Metal Copyright78% YoY.

Chinese black silicon carbide producers' operating rate by province from Jan 2023 to Jan 2024 (%)


5.1.Asian Metal Copyright2 Black Silicon Carbide 98%min 10-30mm EXW China 3 3.Asian Metal Copyright2 Chinese black silicon carbide producers' output up by 10.38% MoM in Jan
In Jan 2024, Chinese black silicon carbide producers' output was 74,400t, up by 10.38% MoM and down by 17.Asian Metal Copyright02mt, USD2,438.Asian Metal Copyright33% YoY.

Chinese black silicon carbide producers' output from Jan 2023 to Jan 2024 (t)


In Jan 2024, the black silicon carbide producers' output in Gansu was 39,500t, up by 19.69% MoM and down by 17.Asian Metal Copyright3 Black silicon carbide 98%min F16-100 EXW China In late Jan, the prevailing prices of Chinese black silicon carbide 98%min F16-100 hovered at RMB8,000-8,300t USD1,133-1,175t Inc-VAT EXW DA 180 days, down by RMB200t USD28t from late last month.Asian Metal Copyright36% YoY; that in Ningxia was 19,000t, unchanged MoM and down by 22.Asian Metal Copyright2 Black silicon carbide 98%min F16-100 FOB China In view of the stable domestic prices, the export prices would keep stable next month.Asian Metal Copyright13% YoY; that in other areas was 6,000t, down by 14.Asian Metal Copyright2 Black silicon carbide 98%min 10-30cm EXW China 10 8.Asian Metal Copyright28% MoM and down by 25.Asian Metal Copyright2.Asian Metal Copyright00% YoY.

Chinese black silicon carbide producers' output by province from Jan 2023 to Jan 2024 (t)


5.1.Asian Metal Copyright They had an inventory of only 100t at present.Asian Metal Copyright3 Chinese black silicon carbide producers' inventory down by 9.48% MoM in Jan
In Jan 2024, Chinese black silicon carbide producers' inventory was 88,700t, down by 9.48% MoM and up by 51.Asian Metal Copyright63% MoM and down by 90.Asian Metal Copyright36% YoY.

Chinese black silicon carbide producers' inventory from Jan 2023 to Jan 2024 (t)


In Jan 2024, the black silicon carbide producers' inventory in Gansu was 30,200t, down by 11.17% MoM and down by 1.Asian Metal Copyright In 2024, China will implement provisional import tariffs that are lower than the most-favored-nation MFN rates on 1,010 commodities.Asian Metal Copyright62% YoY; that in Ningxia was 34,600t, down by 11.Asian Metal Copyright2.Asian Metal Copyright73% MoM and up by 145.Asian Metal Copyright1.Asian Metal Copyright39% YoY; that in other areas was 10,500t, up by 10.Asian Metal Copyright5%min F240 stood at RMB14,000-14,500t USD1,948-2,017t Inc-VAT EXW DA 180 days, unchanged from late last month.Asian Metal Copyright52% MoM and up by 118.Asian Metal Copyright5%min 10-30mm EXW China Price Trend from 2023-12-01 to 2024-01-31 RMBt 3.Asian Metal Copyright75% YoY.

Chinese black silicon carbide producers' inventory by province from Jan 2023 to Jan 2024 (t)


5.2 Chinese Green silicon carbide producers' statistics

5.2.1 Chinese green silicon carbide producers' operating rate down unchanged MoM in Jan
In Jan 2024, Chinese green silicon carbide producers operating rate was 25.95%, unchanged MoM and up by 22.Asian Metal Copyright 8.Asian Metal Copyright99% YoY.

Chinese green silicon carbide producers' operating rate from Jan 2023 to Jan 2024 (t)


5.2.2 Chinese green silicon carbide producers' output unchanged MoM in Jan
In Jan 2024, Chinese green silicon carbide producers' output was 6,400t, unchanged MoM, up by 8.14% YoY.

Chinese green silicon carbide producers' output from Jan 2023 to Jan 2024 (%)


5.2.Asian Metal Copyright, Ltd.Asian Metal Copyright3 Chinese green silicon carbide producers' inventory down by 19.04% MoM in Jan
In Jan 2024, Chinese green silicon carbide producers' inventory was 3,400t, down by 19.04% MoM and down by 48.Asian Metal Copyright5%min F240 EXW China Price Trend from 2023-12-01 to 2024-01-31 RMBt 3.Asian Metal Copyright48% YoY.

Chinese green silicon carbide producers' inventory from Jan 2024 to Jan 2024 (t)


6 Custom Statistics

6.1 China's silicon carbide export volume rose 41.07% MoM in Dec 2023
In Dec 2023, China exported 33,975.41mt of silicon carbide, 33,158.Asian Metal Copyright1.Asian Metal Copyright08mt in the same period last year and 24,084.Asian Metal Copyright Now we resumed production about two weeks ago after we get permission from local government", a source from the company reveals, adding that they plan to produce about 1,500t in January.Asian Metal Copyright48mt in the previous month, up 2.Asian Metal Copyright00% MoM.Asian Metal Copyright46% YoY and up 41.Asian Metal Copyright1.Asian Metal Copyright07% MoM.
In Dec 2023, China exported USD33,105,741.00 worth of silicon carbide, USD39,081,185.Asian Metal Copyright2 Hualong Yongsheng to resume black silicon carbide production Hualong Yongsheng New materials Co.Asian Metal Copyright00 in the same period last year and USD29,509,385.Asian Metal Copyright1.Asian Metal Copyright00 in the previous month, down 15.Asian Metal Copyright Despite the firm domestic prices, most exporters cut their prices of 88%min in late Jan due to the weak overseas market demand, while they cut their prices of 98%min in Jan due to the sluggish overseas market demand and reduced domestic prices.Asian Metal Copyright29% YoY and up 12.Asian Metal Copyright2.Asian Metal Copyright19% MoM.Asian Metal Copyright2.Asian Metal Copyright The average price was USD974.40/mt, USD1,178.63/mt in the same period last year and USD1,225.24/mt in the previous month.
In Jan-Dec 2023, China exported a total of 351,903.04mt of silicon carbide, 412,674.Asian Metal Copyright1.Asian Metal Copyright92mt in the same period last year, down 14.Asian Metal Copyright1.Asian Metal Copyright73% YoY.
China's export volume of silicon carbide in previous 13 months

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

In Dec 2023, the top three export destinations of silicon carbide for China were United States, Japan and South Korea.
China exported 13,829.59mt of silicon carbide to United States, 13,636.Asian Metal Copyright Chinese black silicon carbide producers' inventory by province from Jan 2023 to Jan 2024 t 5.Asian Metal Copyright66mt in the same period last year and 4,578.Asian Metal Copyright00 worth of silicon carbide, USD39,081,185.Asian Metal Copyright81mt in the previous month, up 1.Asian Metal Copyright China exported 2,856.Asian Metal Copyright41% YoY and up 202.Asian Metal Copyright1 Chinese black silicon carbide producers' statistics 6 5.Asian Metal Copyright03% MoM.Asian Metal Copyright28% MoM and down by 25.Asian Metal Copyright The average price was USD505.84/mt, USD611.02/mt in the same period last year and USD865.30/mt in the previous month, down 17.Asian Metal Copyright1 Chinese Market 10 8.Asian Metal Copyright18% YoY and down 41.Asian Metal Copyright2 Black silicon carbide 98%min F16-100 FOB China 10 8.Asian Metal Copyright50% MoM.
China exported 3,815.56mt of silicon carbide to Japan, 4,665.Asian Metal Copyright1.Asian Metal Copyright80mt in the same period last year and 5,133.Asian Metal Copyright 7.Asian Metal Copyright07mt in the previous month, down 18.Asian Metal Copyright 8.Asian Metal Copyright22% YoY and down 25.Asian Metal Copyright2.Asian Metal Copyright67% MoM.Asian Metal Copyright Currently they hold an inventory of only 300t.Asian Metal Copyright The average price was USD2,256.02/mt, USD2,438.28/mt in the same period last year and USD1,663.69/mt in the previous month, down 7.Asian Metal Copyright78%, up by 4.Asian Metal Copyright47% YoY and up 35.Asian Metal Copyright, Ltd.Asian Metal Copyright58% MoM.
China exported 2,856.28mt of silicon carbide to South Korea, 3,215.Asian Metal Copyright3 Chinese green silicon carbide producers' inventory down by 19.Asian Metal Copyright89mt in the same period last year and 2,647.Asian Metal Copyright 2.Asian Metal Copyright66mt in the previous month, down 11.Asian Metal Copyright73% MoM and up by 145.Asian Metal Copyright18% YoY and up 7.Asian Metal Copyright02mt, USD2,438.Asian Metal Copyright88% MoM.Asian Metal Copyright 4.Asian Metal Copyright The average price was USD1,050.01/mt, USD1,332.94/mt in the same period last year and USD1,129.38/mt in the previous month, down 21.Asian Metal Copyright 8.Asian Metal Copyright23% YoY and down 7.Asian Metal Copyright Contents 1 Market Highlights 3 2 Economy and Policy 3 3 Market Movements 3 3.Asian Metal Copyright00% 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 increase in the past month, which lead to the increased production costs of 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 Copyright5%min JIS2000 stood at RMB22,500-23,500t USD3,079-3,216t Inc-VAT EXW DA 180 days, unchanged from late last month.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 Copyright Having an annual production capacity of 30,000t, they produced about 5,000t in 2022 and produced about 4,000t in 2023Asian Metal Copyright