China Abrasive Materials Weekly Price (15-21 Mar): Various material prices remain at a high level
This week, due to the stable price of the raw material alumina, the price of white fused alumina continued to stabilize. In addition, considering that the demand for white fused alumina at home and abroad has increased recently, it is expected that the price of white fused alumina in China may remain firm in the coming week.
This week, due to the strong support of production costs, the price of brown fused alumina remained firm. It is expected that the price of brown fused alumina may continue to run at a high level in the coming week.
Due to the early increase in Gansu's electricity price, local black silicon carbide manufacturers raised their quotations. This week, as downstream inventory is further digested, more and more customers have accepted this price increase. It is expected that in the coming week, with the recent further recovery of the demand for black silicon carbide in China, the price of black silicon carbide continue to remain firm.
This week, given that raw material prices continued to operate at a high level, green silicon carbide manufacturers have become more willing to increase prices, but downstream companies refuse to purchase at higher prices, so the price of green silicon carbide has remained stable currently. However, industry insiders predict that with the consumption of downstream inventories, the market continues to pick up, and the price of green silicon carbide may rise in the coming week.