China Abrasive Materials Weekly Price (21-27JUN): Black silicon carbide price increase by RMB150/ton
This week, as the raw material alumina price levels off, the price of white fused alumina remained unchanged. In addition, due to that most of the white fused alumina manufacturers have no inventory pressure in the short term, it is expected that the price of white fused alumina may run stably in the next week.
The spot supply of brown fused alumina in China continued to tighten this week. Many companies said that due to the recent decrease in supply in Henan Province, manufacturers in other regions have received more orders, and there is currently no inventory pressure. Therefore, manufacturers are more optimistic about market expectations, but considering the resistance of downstream customers after price adjustments, so suppliers are more rational in raising product prices. It is expected that in the coming week, brown fused alumina prices may remain firm.
This week, supported by the continued increase in the price of raw material anthracite, most of black silicon carbide manufacturers raised their product prices by about RMB 150 /ton, and the willingness of companies to increase prices was very firm. It is expected that in the coming week, the price of black silicon carbide may rise.
This week, due to stable market demand and no change in the price of green silicon carbide raw blocks, the price of green silicon carbide has been running steadily.