China Abrasive Materials Weekly Price (24-30 May): Abrasive prices rose across the board
This week, under the dual pressure of rising raw material alumina prices and tighter market supply, the quotations of white fused alumina have risen by about RMB100-150/ton.
It is reported that currently some white fused alumina smelting enterprises are affected by power supply problems, their production capacity is severely restricted, and the market supply is becoming more and more tight. Most of the enterprises have basically no inventory, and the shortage has led to the delay of delivering orders. It is expected that in the coming week, white fused alumina market may maintain a tense atmosphere, and product prices may continue to rise.
This week, brown fused alumina companies in Dengfeng city of Henan Province continued to suspend production. The brown fused alumina market, which was already in tight supply, has tightened further, and companies have no inventory. Enterprises have raised their product quotations under huge cost pressures by about RMB100-200/ton.
According to some companies' responses, after the price adjustment, they may still be on the verge of losing money in the face of still huge pressure on production costs. Therefore, it is expected that in the coming week, if the market supply is further tightened, the price of brown fused alumina may continue to show a firm upward trend.
This week, supported by the continued increase in the price of raw material anthracite, some black silicon carbide manufacturers plan to further increase their prices. It is expected that in the coming week, black silicon carbide prices may continue to be strong and strong.
This week, affected by the continuous increase in the price of green silicon carbide raw materials, most of the green silicon carbide manufacturers have successively increased their prices. The quotations of green silicon carbide macro grit have risen by about RMB 200 /ton, and the quotations of green silicon carbide powder have increased by about RMB 300 /ton. about. It is expected that in the coming week, the price of green silicon carbide may continue to be firm and strong.
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