China Abrasive Materials Weekly Price (12-18 SEP): Enterprise operating cost increased
This week, due to the rising operating costs, most white fused alumina enterprises in Henan and Shandong have stopped the price war, and they try to hold the product price steady to protect themselves to maintain basic operation. The price of white fused alumina is basically flat compared with August, but the peak season in September and October did not occur. It is expected that in the coming week, the price of white fused alumina in China will continue to run steadily.
This week, the number of brown corundum factories that were shut down in China continue to increase. Enterprises are maintaining low inventory and expecting more cash transactions to ease the current liquidity pressure. In addition, as the current brown corundum enterprises production will not be strong, and enterprises only maintain a low start load, the supply of some grit sizes have been tightening, which increase the difficulty of downstream procurement.
It is expected that in the coming week, supported by the industry's low start-up rate and high production costs, China's brown fused alumina prices will maintain stable.
This week, the production cost of black silicon carbide rose due to the recent increase in the price of petroleum coke. In addition, supported by the rebound in downstream demand, China's black silicon carbide prices remain firm. It is expected that in the coming week, the price of black silicon carbide may run steadily.
By the strong support of production costs, most green silicon carbide producers have strong willingness to raise prices, and green silicon carbide prices continue to run stable.