China Abrasive Materials Weekly Price (10-16 OCT): Factory capacity utilization rate kept decreasing
This week, affected by the recent sustained decline in alumina prices, some of China's white fused alumina manufacturers slightly reduced the prices by about 50 yuan/ ton. In addition, after Chinese national public holiday, the new Covid-19 cases found in Henan Province resulted in some negative impact on the production and transportation, and the enterprise start-up load was further reduced. It is expected that in the coming week, China's white fused alumina prices will continue to run weakly stable.
Brown fused alumina industry maintained a low start rate state this week. In Henan province, due to the reported Covid 19 cases, some districts have been lock down and the supply of fused alumina will be partly affected. It is expected that in the coming week, under the support of production costs, the price of brown fused alumina will remain stable.
Supported by production costs, China's black silicon carbide prices continue to remain firm. It is expected that in the coming week, the price may run steadily in the strong side.
This week, supported by high production costs, China's green silicon carbide prices continue to run steadily. It is expected that in the coming week, the price will continue to remain firm.