China Abrasive Materials Weekly Price (13-19 JUL):WFA price in upward trend, BFA price stops falling
According to Antaike Information’s alumina report on July 17th, China’s alumina spot index is 2496 RMB/ton, and the national average alumina price is 2,411 RMB/ton, which continues to show an upward trend. The raw material for white aluminium oxide is non-metallurgical grade alumina, and the price has risen by nearly RMB 50/ton this week.
Affected by the continuous increase in the price of raw material alumina, the price of white fused alumina in China has risen slightly again, with an increase of about 50 RMB/ton this week. It is expected that in the coming week, the price of white fused alumina may continue to rise.
This week, China's brown fused alumina prices ended the downward trend, and the market remained stable temporarily. In addition, due to the recent increase in rain and weather in Henan Province, the local flood control emergency response level has been upgraded to Level III. In order to ensure production safety, the production of local brown fused alumina enterprises may be temporarily affected. It is expected that in the coming week, China's brown fused alumina prices may run smoothly.
This week, due to the stable cost, black silicon carbide manufacturers stick to maintain the present price. It is expected that in the coming week, the price of black silicon carbide abrasives in China may continue to remain stable.
This week, China’s green silicon carbide raw material prices have been slightly lowered, but green silicon carbide grains and micro-powder production and processing enterprises have no intention of reducing prices. It is expected that in the coming week, green silicon carbide prices may remain stable.