China Abrasive Materials Weekly Price (31OCT-6NOV): Henan factories expect to resume production soon
This week, white fused alumina manufacturers in Henan expect production resumption in mid-November. In the meantime, due to the weak downstream demand and continuous reduced raw material alumina prices, white fused alumina price may continue to decline.
The downstream market demand is still maintaining a downturn this week. In Henan Province, only some large enterprises maintain a small amount of production, most of the remaining enterprises have stopped production. It is expected that in the coming week, affected by Covid lockdown and high production costs, China's brown fused alumina prices will maintain stable.
Although the downstream demand is still not strong, due to the high price of raw materials, China's black silicon carbide manufacturers generally firm the quotation this week. It is expected that in the coming week, the price of black silicon carbide will continue to be stable.
This week, most green silicon carbide producers tend to keep product prices stable due to high petroleum coke prices. It is expected that in the coming week, supported by the high production cost, green silicon carbide prices may continue to maintain stable.