China Abrasive Materials Weekly Price (23rd-29th Mar): BFA Pricing Almost Has No Profit
This week, as domestic alumina oxide production companies have resumed production, the non-metallurgical alumina market has ample supply, and prices have dropped by nearly 140 RMB/ ton. Affected by this, the price of white fused alumina in China has also declined by 50-100 RMB/ ton.
This week, due to weaker downstream demand leading to reduced orders, some manufacturers of brown fused alumina said that orders in March this year decreased by about 30% compared with the same period last year. Affected by this, companies also reduced their product prices by about 100-150 RMB/ ton in March. The current product prices are close to the company's cost line, so most companies do not plan to further reduce prices. It is expected that the price of brown fused alumina will remain stable in the coming week, supported by costs.
3. Black Silicon Carbide
This week, due to weak domestic market demand, black silicon carbide market transactions were slow. However, due to strong production costs, Chinese black silicon carbide manufacturers have no intention of reducing prices. Therefore, it is expected that the market price of black silicon carbide abrasives in China will run smoothly in the coming week.
4. Green Silicon Carbide
This week, as the green silicon carbide smelting enterprises in Xinjiang in China resumed production gradually, the green silicon carbide raw block market was well supplied and prices remained unchanged. However, due to the weak demand in downstream industries, the prices of green silicon carbide abrasives and fine powder products fell slightly.
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