China Abrasive Materials Weekly Price (1-7 AUG): Market continued the downtrend
This week, due to the sluggish downstream demand, the number of white fused alumina enterprises in reduction and suspension of production increased, and prices are in weak and stable operation. As the recent raw material alumina prices are still running smoothly, it is expected that in the coming week, China's white fused alumina price will continue to run steadily.
This week, although the downstream demand shrinks, as the production costs have been high, China's brown corundum production enterprises have strong willingness to support prices. The industry maintains a low operation rate, and brown fused alumina prices are running stable. In addition, in the export market, although the overseas market demand is also weakening, but because the domestic brown fused alumina prices are strong, exporters also intend to firm up the current product offer. It is expected that in the coming week, supported by the industry's low start rate and high production costs, the price of brown fused alumina may be stable.
This week, despite the weak downstream demand, supported by the high price of raw materials, most of the black silicon carbide producers in China actively support the price. Given that most producers do not intend to adjust prices, it is expected that in the coming week, China's black silicon carbide prices will be in stable operation.
Due to the stable price of green silicon carbide raw blocks, supported by the cost, China's green silicon carbide prices continue to run stable this week.