China Abrasive Materials Weekly Price (20th-26th Apr): Abrasive Materials Price Touched Bottom
This week, as the price of raw material alumina oxide stopped falling and stabilized, the price of white fused aluminum oxide remained stable.
This week, the large-scale shutdown of brown fused aluminum oxide smelting factories in Henan Province continues, and about 30-40% of granulation companies in Yichuan area have also stopped production. It is expected that in the coming week, China's brown fused aluminum oxide market will continue to remain sluggish, and prices may remain stable under the support of stable production costs.
3. Black Silicon Carbide
This week, because the epidemic is still spreading globally, most countries are still taking the shutdown measures. Manufacturing-related factories have reduced or even stopped production. The demand for black silicon carbide abrasives has been frustrated, and some companies have lowered prices to promote sales. But at the same time, the current price of black silicon carbide abrasives is close to the cost price. In order to avoid losses, some black silicon carbide enterprises in northwest China have stopped production and reduced production to cope with the current market downturn.
4. Green Silicon Carbide
This week, due to the domestic market demand and supply of green silicon carbide particle size sand and micropowder tending to be stable, although the market transaction is sluggish, the prices have remained stable.