China Abrasive Materials Weekly Price (28 AUG-3 SEP): Abrasive prices remain stable
The increase in alumina price beginning from August have been driving the production cost of white corundum upward. Despite that some manufacturers have raised the product price, as the weak downstream demand has not really been improved, while the market competition is getting more and more intense, it is difficult for white fused alumina to manage a real boost on price. It is expected that in the coming week, if the price of raw material alumina continues to rise, enterprises may hardly continue to digest the cost pressure, and white fused alumina prices may rise slightly.
Since August, brown fused alumina prices have struggled to maintain stable due to the support of cost. Although September and October are considered as the busy season in abrasive industry, market enthusiasm remains weak, and it is expected that brown fused alumina prices will remain stable.
China's black silicon carbide market demand has shown signs of recovery in August, orders have been improved according to some enterprises, and is likely to have further improvement in September. With the recovery of the market, black silicon carbide prices are expected to be stable operation.
With the slow recovery of market demand, most green silicon carbide enterprises to stabilize the quotation, and supported by the cost, green silicon carbide prices may continue to run stable.