China Abrasive Materials Weekly Price (20-26 NOV): Some silicon carbide suppliers suspend production
Domestic alumina spot prices remain stable, however the market is experiencing turbulence. The fire at coal mine in Shanxi is still affecting the operation of alumina, and Henan Province has not yet seen the resumption of production of mines, the supply of ore in northern China is tightening. The northern region may face environmental protection and production restrictions in the heating season, and it is expected that in the next short period of time, alumina prices may hold firm. Supported by this, it is expected that in the coming week, white fused alumina prices will be in stable operation.
This week, brown fused alumina market continues to run steadily, price stability is mainly supported by the cost of raw materials, it is expected that in the coming week, the market is likely to maintain stable.
Recently, by the dual impact of weather and environmental protection inspection, some black silicon carbide enterprises have announced the suspension of production. It is expected that in December, the black silicon carbide market demand will not have a significant improvement, and the prices will also continue to run stable.
Affected by weather and environmental protection inspection, some green silicon carbide enterprises have announced the suspension of production. In addition, with the slow recovery of market demand, most green silicon carbide enterprises will maintain the prices stable.