China Abrasive Materials Weekly Price (17th -23th June): Corundum Price Is Stable
This week, the white fused smelting enterprises in the Liaocheng area of Shandong Province resumed production due to the restoration of power supply to the power supply units, and the white smelting enterprises in the Fuyang and Sanmenxia areas of Henan were also in normal production. However, some smelting enterprises in the Fuyang area have indicated that they have received verbal notice from the local environmental protection department, because Zhengzhou will hold a minority sports meeting, the enterprise smelting furnace will start production in mid-August until mid-September. It is expected that in the coming week, the turnover of China's white fused alumina market will be mainly based on the execution of signed contracts, and the price will remain stable.
This week, supported by cost, China's brown fused alumina market prices are running smoothly. Although all the smelting furnaces in Dengfeng area of Henan Province are still in the state of production suspension, most local smelting enterprises have entered the acceptance check stage after completing the safety hazard investigation of the factory. It is expected that a small number of smelting enterprises will resume production after acceptance at the end of June. In addition, because the current busy farming season, coupled with the downstream market demand in China's abrasives industry is still sluggish, many smelting enterprises in Henan Province generally take the initiative to reduce production in order to avoid inventory pressure. It is expected that the price of brown fused alumina will remain stable in the coming week.
3. Black Silicon Carbide
This week, despite the high prices of anthracite, the black silicon carbide prices start to decrease. The price of black silicon carbide original block decreased slightly, and the price of granular sand also loosened. It is expected that the weak downstream demand in the industry in the coming week will lead to further decline in the price of black silicon carbide market.
4. Green Silicon Carbide
This week, due to the tight supply of the market, China's green silicon carbide market prices remain high and firm. At present, although the news of the resumption of production in Xinjiang has been frequently reported, the current production of resumption of production is still small, and it is impossible to completely alleviate the shortage of market supply. It is expected that the price of green silicon carbide products will remain stable at a high level in the coming week.