• JCT Abrasives

China Abrasive Materials Weekly Price (12-18 Oct): Supply and demand relationship may be adjusted

1. White Fused Alumina

This week, although the domestic market price of white fused alumina has remained stable, some white fused alumina manufacturers plan to further increase export prices in consideration of exchange rate risks. In addition, some companies also revealed that market demand has picked up since October, and the number of inquiries has increased. It is estimated that in the coming week, the export price of white fused alumina may rise again by USD 5/ton.

2. Brown Fused Alumina

This week, the demand for brown fused alumina in China has also shown a trend of picking up. As the production limits actions in China's Beijing-Tianjin-Hebei region approaches, local environmental protection policies and control measures are gradually being strict. Some brown fused alumina companies believe that: "If there is a wide range of production restrictions during the production limit season, the supply and demand relationship of the brown fused alumina industry may be adjusted, and the sales of related companies may also improve.

In addition, despite the market downturn, brown fused alumina export companies plan to keep prices firm considering the depreciation of the U.S. dollar against the renminbi. It is expected that in the coming week, China's brown fused alumina export prices will remain unchanged.

3. Black Silicon Carbide

Since October, due to the continuous increase in the cost of raw materials such as petroleum coke and anthracite, the price of black silicon carbide is more probably to increase. It is expected that in the coming week, with the arrival of the heating season in northern China, the supply and demand relationship in the black silicon carbide market in may be further adjusted.

4. Green Silicon Carbide

This week, the domestic green silicon carbide market has a stable transaction performance, and manufacturers have no intention to adjust product prices, and product prices may continue to remain stably.

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