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  • Writer's pictureJCT Abrasives

China Abrasive Materials Weekly Price (15-20 JUN): Production is restricted in many areas

This week, due to the power limit of power plants in Xinfa Industrial Park, almost all white corundum smelting enterprises in Chiping area of Shandong Province have stopped production. Enterprises in the industrial park mainly sell inventory, and the market spot supply is tight. It is expected that in the coming week, white fused alumina prices may be on an upward trend.

In terms of raw materials, according to Antaike’s data, as of June 18, the average price of China’s alumina spot index was RMB 2,474 /ton, and the national average price of alumina was RMB 2,856 /ton. This week, China’s alumina price continued to increase as a whole.

This week, due to the continuous increase in the prices of raw and auxiliary materials such as graphite electrodes, the current brown fused alumina production enterprises are still facing greater pressure on production costs. The willingness of further increasing the price of brown fused alumina abrasives still exists, but due to downstream abrasive customers’ resolutely opposition to price increase, some brown fused alumina suppliers can only temporarily keep the product prices unchanged. In summary, it is expected that the price of brown fused alumina may remain firm in the coming week.

This week, although downstream demand is still sluggish, due to strong prices of raw materials such as anthracite and high production costs of enterprises, the price of black silicon carbide has remained stable.

This week, due to the temporary stability of raw block prices, the price of green silicon carbide has not changed from last week. Considering that the current market demand is in a weak and stable state, and there may be no significant improvement in the short term, it is expected that in the coming week, most green silicon carbide manufacturers may maintain stable operation of product prices.

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