China Abrasive Materials Weekly Price (21-27 Sep): Black silicon carbide price may continue to rise
This week, due to the continued stability of the raw material alumina price, the price of white fused alumina in China also remained stable. Although the domestic price is stable, considering the risk of exchange rate fluctuations, white fused alumina exporting enterprises will increase their product prices slightly.
This week, the operating rate of brown fused alumina factories in China remained at a relatively low level, and the supply of brown fused alumina remained stable at a low level. The market may be worried about government’s environmental protection action in autumn and winter and epidemic prevention and control action, and some downstream companies are becoming more willing to stock up materials.
This week, the price of black silicon carbide in China showed signs of rising due to the increase of prices by some manufacturers. In addition, it is expected that in the next week, due to the expected improvement in the downstream market and the environmental uncertainty in Chinese central heating season, some manufacturers may raise the price of black silicon carbide abrasives again.
This week, the domestic green silicon carbide market has a stable transaction performance, and manufacturers have no intention to adjust product prices, and product prices may continue to remain stable.