China Abrasive Materials Weekly Price (24-30 JUL): Alumina prices continue to rise
According to Antaike research, as of July 28, 2023, China's alumina spot index is 2863 yuan/ ton, and the national average price of alumina is 3027 yuan / ton, with alumina prices continuing to rise slightly.
Supported by the rise in raw materials, some white corundum producers plan to slightly increase the product price by around 50 yuan/ton. It is expected that in the coming week, the price of white fused alumina may run steadily and strongly.
This week, bauxite enterprises in Shanxi, Henan and Guizhou regions have maintained a low operation rate. According to the current supply and sales situation, it is expected that the price of high-grade raw bauxite ore and calcined bauxite will remain firm in the short term. Supported by the high price of raw materials, the price of brown fused alumina also runs smoothly.
Black silicon carbide prices have been falling for four consecutive months. At present, more enterprises are carrying out overhaul and reduce production, thus the inventory level has been reduced. However, due to the weak downstream demand, the black silicon carbide abrasive market or will still be running weakly.
This week, affected by the weak demand, China's green silicon carbide prices ran weakly and steadily.