China Abrasive Materials Weekly Price (27th May -2nd June): BFA Production Capacity To Be Limited
This week, as the price of aluminium oxide raw material in China has stabilized, the price of white fused alumina has also stabilized. At present, white fused alumina enterprises generally have more orders, and there is basically no stock. It is expected that the market price of white fused alumina will remain stable in the coming week.
This week, due to the increasing restrictions on the exploitation of domestic bauxite resources, the supply of high-grade bauxite resources has gradually decreased, resulting in shortage of raw materials in the brown fused alumina industry. The raw material procurement cost of brown fused alumina production enterprises has been high, but at the same time the downstream demand in the industry is slowing down, and cost pressures are difficult to transmit downstream. Faced with the pressure from both upstream and downstream, some brown fused alumina enterprises chose to actively reduce production, and only stocked in small quantities according to purchase demand. It is expected that the market price of brown fused alumina will continue to rise and fall in the coming week.
3. Black Silicon Carbide
This week, due to factors such as sluggish demand in the downstream market of black silicon carbide, China's silicon carbide market prices have shown a downward trend. Considering the current international trade situation, some industry players are holding a bearish attitude toward the price trend of black silicon carbide. It is expected that the price of China's black silicon carbide market will continue to operate weakly in the coming week.
4. Green Silicon Carbide
This week, the price of China's green silicon carbide market is still firm, and the phenomenon of buyers lining up to buy goods has basically ended. It is expected that the market price of green silicon carbide will remain stable in the coming week.