Weekly: Silicon Carbide Market Analysis (3.26-3.30)

This week (3.26-3.30) silicon carbide market prices are relatively stable.

Some silicon carbide manufacturers who had raised their prices too high four months ago have already lowered their prices before this week.

At present, the EXW price of silicon carbide producers are basically at the same level.

This week the price of metallurgical grade silicon carbide90% in the main silicon carbide producing areas as follows:

• Qinghai Province silicon carbide90%(88%min) EXW price  835USD/MT.
• Gansu Province silicon carbide90% (88%min)EXW price  835USD/MT.
• Ningxia Province silicon carbide90%(88%min) EXW price  850USD/MT.

Currently the price of silicon carbide will stabilize for some time.

Because almost all silicon carbide manufacturers are now producing according to the orders, there is no inventory pressure.

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