China Abrasive Materials Weekly Price (29 AUG-4 SEP): Broad sentiment remained weak
The white fused alumina downstream market demand has not seen an obvious rebound this week. However, as the raw material alumina prices are relatively stable, and the enterprise profit margin is low, it is expected that white fused alumina prices will continue to run stable.
This week, affected by the high cost and low profit, brown fused alumina enterprises in Henan Province still maintain a low start rate state, and there is negative attitude for the market, while the enterprise production will be more sluggish. It is expected that in the coming week, supported by the industry's low start-up rate and high production costs, brown fused alumina prices will hold firm.
Black silicon carbide downstream demand was still inactive this week. However, due to the firm production cost, most black silicon carbide manufacturers in China intend to firm up the product offer. It is expected that in the coming week, enterprises will continue to maintain the prices.
By the strong support of production costs, most green silicon carbide producers have strong willingness to hold the prices, and green silicon carbide prices continue to run stable. In addition, supported by the domestic market price, the export prices also remain firm.