China Abrasive Materials Weekly Price (28 FEB-6 MAR): Silicon carbide price continue to increase
This week, some white corundum smelting enterprises in Henan started production. After a short resumption of production, processing enterprises continued to suspend production from February 28 to mid-March. Most manufacturers in Shandong have normal production, and the market is generally stable. Affected by the fall in the price of raw material alumina, the price of white fused alumina has been reduced by about RMB 100 / ton. In view of the continuous decline of alumina prices, it is expected that the price of white fused alumina may run weakly and steadily in the next week.
This week, brown fused alumina manufacturers in Guizhou have been producing normally, and prices have remained stable. Brown fused alumina enterprises in Henan and Shanxi are still in a state of suspension, and it is expected that production may be fully resumed after mid-March. It is expected that in the coming week, due to stable downstream demand and firm production costs, the price of brown fused alumina may run strongly.
Supported by the rising price of raw material anthracite, and collective shutdown of black silicon carbide production enterprises in Gansu, most black silicon carbide production enterprises significantly raised the price this week. It is expected that the price of black silicon carbide may maintain an upward trend in the coming week.
This week, supported by rising production costs and raw block prices, most green silicon carbide manufacturers continued to raise their quotations. In view of the increase in production costs, it is expected that the price of green silicon carbide may remain upward trend unchanged in the coming week.