China Abrasive Materials Weekly Price (15-21 AUG): Market is facing low demand
This week, the alumina prices in Shandong Province weakened slightly, coupled with the downturn in downstream market demand, white fused alumina prices also declined slightly. It is expected that in the coming week, white fused alumina prices will in weak and stable operation.
This week, environmental protection inspection on bauxite in Shanxi region has upgraded. Several bauxite enterprises Yangquan, Xiaoyi areas were shut down, leading to the even more short supply of high-grade and calcine bauxite, and the bauxite price continued to be firm.
For brown fused alumina, although the downstream demand shrinks, due to high production costs, enterprises had strong willingness to support prices, and the industry maintained a low start-up rate, brown fused alumina prices were in stable operation. It is expected that in the coming week, brown fused alumina prices may remain stable.
Due to the low downstream demand, enterprises have different levels of inventory this week, and the number of black silicon carbide enterprises that stop production continues to increase. The high price of raw material petroleum coke supported the stabilization of black silicon carbide prices. It is expected that in the coming week, black silicon carbide prices will be in stable operation.
This week, in view of the stable price of green silicon carbide raw blocks, supported by the cost, China's green silicon carbide prices continue to run stable.