top of page
  • Writer's pictureJCT Abrasives

China Abrasive Materials Weekly Price (17-23 JUL): Stimulus steps may boost demand and price

Updated: Aug 1, 2023

According to Antaike research, as of July 21, 2023, China's alumina spot index was 2,842 yuan/ton, the national average price of alumina was 3,022 yuan/ton, with alumina prices rising slightly.

With the policymakers continued to release signals on stimulating economy, market expectations continued to warm up, and the rebound in alumina price has supported the white fused alumina prices. It is expected that in the coming week, white fused alumina may greet an upward trend in price.

Despite the weak downstream demand, brown fused alumina costs remain high due to the tightening supply of high-grade bauxite. Manufacturers intend to firm current prices. Supported by the cost, China's brown fused alumina prices will remain stable.

By the support of raw material petroleum coke prices, China's black silicon carbide prices are running steadily. As China has released a plan to boost economy, the demand slightly improved compared with that in the first half year, and petroleum coke prices may also remain firm. Is expected in the coming week, China's black silicon carbide prices will stay firm.

Affected by the weak demand, China's green silicon carbide prices ran weakly and steadily.

28 views0 comments


bottom of page