• JCT Abrasives

China Abrasive Materials Weekly Price (20-26 DEC): Prices are mainly stable near the end of the year

1. White Fused Alumina

According to Antaike's research, as of December 24, China's alumina spot index was RMB 2,830 /ton, and the national average alumina price was RMB 3,311/ton. The decline in alumina slowed down.

Recently, many places in Henan and Shandong issued orange warnings for severely polluted weather and launched a second-level emergency response to severely polluted weather. White corundum production enterprises in Zhengzhou, Sanmenxia, Zibo, and Liaocheng were all affected to varying degrees. In addition, as the recent decline in alumina has slowed down and the price has stabilized, the price of white fused alumina has also been stabilized.

2. Brown Fused Alumina

This week, due to the high production cost, most brown fused alumina manufacturers held stable product prices. Although the demand of downstream abrasives companies is not strong, and most clients are holding a wait-and-see attitude, to avoid further reduction in profits, it is expected that in the next week, most brown fused alumina manufacturers may maintain product prices.

3. Black Silicon Carbide

This week, due to environmental supervision and energy consumption control and other factors, some black silicon carbide manufacturers suspended production. Although the downstream demand is sluggish, considering the firm production cost and decreasing supply, most black silicon carbide manufacturers intend to maintain stable product prices. It is expected that in the coming week, the price of black silicon carbide may show a firm trend.

4. Green Silicon Carbide

This week, supported by production costs, the price of green silicon carbide raw blocks remained stable, and the price of green silicon carbide also operated smoothly. In addition, according to industry sources, some green silicon carbide manufacturers may suspend production before the end of December. It is expected that the price of green silicon carbide may remain unchanged in the coming week.

5. The bauxite market may usher in the first wave of cost rise in 2022

Near the end of the year, Shanxi, Guizhou, Henan and other places are still facing stricter environmental control, and the operating rate of bauxite enterprises remains at a low level. Restrictions and production suspensions in downstream industries are equally serious, demand has fallen sharply, and market supply and demand are both weak.

In addition, as the northern region will usher in rain and snow in the near future, it may have a significant impact on the transportation of bauxite in the later period. Industry insiders predict that in the next period, as the constraints of bauxite capacity increases, the relationship between supply and demand will change at that time, and the bauxite market may usher in the first wave of rise in 2022.

#WhiteFusedAlumina #BrownFusedAlumina #BlackSiliconCarbide #GreenSiliconCarbide

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