China Abrasive Materials Weekly Price (22nd-28th June): Abrasive materials price remains stable
This week, although the raw material alumina market prices continued to rise steadily, the increase was small relatively flat. Affected by Covid-19 second wave in the world, the demand for white fused alumina in the downstream market has recovered slowly. It is expected that the price of white fused alumina will run weakly and stable in the coming week.
This week, the large-scale shutdown of brown fused alumina factories and the reduction in production continued. Although the supply of high-grade cooked bauxite was in short supply, the transactions were few and the price remained stable. It is expected that the price of brown fused alumina will continue to run steadily in the coming week.
3. Black Silicon Carbide
This week, although the downstream demand in the domestic market is still weak and the market transaction performance is sluggish, due to stable production costs, black silicon carbide abrasive manufacturers have no intention to further reduce prices. It is estimated that in the coming week, the market price of black silicon carbide abrasives in China may remain stable.
4. Green Silicon Carbide
This week, due to stable production costs, green silicon carbide abrasive manufacturers in China tend to stabilize product prices. It is expected that in the next week, although the market downturn is difficult to change, the price of green silicon carbide may remain stable.
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