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  • Writer's pictureJCT Abrasives

China Abrasive Materials Weekly Price (12-18 Apr): Henan environmental inspections upgrade

Market News

This week, the downstream demand for white fused alumina continued to pick up, the spot supply in the market was tightening. As the price of raw material alumina continued to be stable, so the price of white fused alumina remained stable. It is expected that in the coming week, the spot supply of white fused alumina may be further tightened, and the price may continue to run firm.

This week, due to the strong support of production costs and there is no inventory pressure on companies, brown fused alumina prices remained stable. Although the price of brown corundum has been rising, the actual price increase has been facing resistance. However, recently, due to the central environmental supervision team's new round of inspection in Henan, Shanxi and other places, which may have an impact on the production of local brown fused alumina enterprises, the price of brown fused alumina may rise accordingly.

This week, due to high production costs, the price of black silicon carbide continued to remain stable. It is expected that in the coming week, the price of black silicon carbide may be supported by costs and will continue to operate steadily.

This week, although the price of green silicon carbide blocks has risen slightly, it is difficult for the price of silicon carbide to rise due to the sluggish demand from downstream abrasive companies. It is expected that in the coming week, as the company's inventory is further consumed, the price of green silicon carbide may show an upward trend.

Financial News

1. Henan environmental protection storm upgrade

A few days ago, the Department of Ecology and Environment of Henan Province issued the action plan, demanding the industrial enterprises in Henan Province to fully meet the standards of air pollutants from April 15 to July 31.

The action plan clearly pointed out that the government will increase the frequency of law enforcement inspections for companies that have exceeded the emission standards. By continuing to maintain a high-pressure situation in environmental law enforcement, the government will seriously investigate and deal with a number of illegal pollutant discharge companies that secretly discharge, falsify data, and repeatedly investigate and repeatedly commit pollutants; and those who participate in tampering, falsifying data, or interfering with the normal operation of online monitoring facilities will be held criminally responsible in accordance with law. The action plan also mentions that they will transfer a group of corporate legal representatives and management personnel suspected of environmental crimes of a bad nature; ban and close a group of companies with serious environmental problems, hopeless in rectification, and poor ability to meet standards; strictly control a group of companies that have not installed online monitoring and have idle pollution control facilities without authorization ; Strictly and severely investigate and punish the behavior of excessive sewage discharge.

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