China Abrasive Materials Weekly Price (13-20 FEB): Prices remain stable
This week, with the recent increase in market supply, competition is also hitting up. However, given the firm price of raw material alumina, it is expected that in the coming week, China's white fused alumina prices will continue to run stable.
By the suppression of weak demand and high cost, Chinese brown corundum enterprises remained a low operation rate. It is expected that in the coming week, supported by the high cost of production, brown fused alumina prices will remain stable.
Due to the sluggish demand, some of the black silicon carbide producers in China chose to slightly reduce the quotations by 200 yuan/ton in order to stimulate sales this week. Supported by the cost, black silicon carbide prices are estimated to be in weak and stable operation.
Most green silicon carbide producers hold stable product offers this week due to the low downstream demand but high production costs, and is expected in the coming week, green silicon carbide prices may be on a stable trend.