China Abrasive Materials Weekly Price (14-20 FEB): Downstream demand increases
This week, as the price of raw material alumina continued to rise, white corundum enterprises raised the price. In addition, as downstream demand continues to recover, the recent rise in white fused alumina prices is also in line with industry expectations. It is expected that the price of white fused alumina may continue to rise in the next week.
This week, due to stable downstream demand and firm production costs, most brown fused alumina enterprises kept their price steady. In addition, since most of the brown fused alumina manufacturers in Henan and Shanxi are still in a state of shutdown, it is expected that in the next week, the price of brown fused alumina may run strongly.
Despite the sluggish downstream demand, most black silicon carbide manufacturers intend to maintain product price stability due to firm production costs this week. It is expected that in the next week, the price of black silicon carbide will continue to hold firm.
Affected by the increase in the price of the original block this week, most green silicon carbide enterprises have raised the price by about RMB 200/ton, higher than the beginning of last week. In view of the increase in production costs, it is expected that the price of green silicon carbide may maintain an upward trend in the next week.