Latest Update in the SMM Other Materials Market

[SMM Analysis: Brief Analysis of Silicone Export Data in April 2025] In April 2025, China's exports of primary polysiloxane in silicone form reached 47,600 mt, down 9.07% MoM and up 4.16% YoY. From January to April 2025, the cumulative exports of primary polysiloxane in silicone form amounted to 182,300 mt, up 8.71% YoY. Among them, South Korea was the largest trading partner in April, with a trade volume of 9,500 mt, up 2.15% MoM from April, maintaining its position as the top trading partner.

[SMM Analysis: Brief Analysis of PV Glass Export Data in April 2025] In April 2025, China's PV glass exports reached 319,900 mt, up 16.7% YoY and down 2.8% MoM. From January to April 2025, exports totaled 1.3232 million mt, up 10.1% YoY. Among these, India was the largest trade destination in April, with exports reaching 87,200 mt, down 5.93% MoM. In April, the overall module scheduled production overseas remained high, and China's glass export data showed promising results. However, it is expected that exports will decline in the future due to the weakening of the installation sector.

[SMM Analysis: Rare Earth Permanent Magnets' Exports in April 2025 Hit a Five-Year Low] In April 2025, rare earth permanent magnets' exports reached 2,627 mt, down 51% MoM and 45% YoY, hitting a five-year low for rare earth permanent magnets.

Under the agreement, the two companies will leverage their respective strengths in industrial resources and core technologies to advance joint innovation.

On May 22, DEEPAL, a new energy vehicle (NEV) brand under Changan Automobile, officially put the DEEPAL S09, a large-sized SUV positioned as a smart flagship for families, onto the market.

The facility will support the production of both the company's FF- and FX-branded models.