• JCT Abrasives

China Abrasive Materials Weekly Price (4-10 APR): Green Sic prices surge and highways are forbidden

1. White Fused Alumina

Since the end of March, the price of alumina in China has basically remained at around RMB 3,000/ton. Supported by the cost, the price of white corundum has also remained stable. In addition, affected by the epidemic, various regions have strict control of delivery and transportation. At present, the shipments of various suppliers have dropped significantly compared with the same period last year. However, given that most suppliers tend to keep prices high, it is expected that the price of white fused alumina may run smoothly in the next week.

2. Brown Fused Alumina

The prices of high-grade bauxite raw ore and cooked bauxite have risen during this week, due to tight supply. At the same time, the price of natural gas has remained high, and the prices of raw materials such as graphite electrodes and iron filings have also shown a strong trend. The production cost of brown corundum is going high.

In addition, as the operating rate of batch arc furnaces in Sanmenxia and Yichuan areas is still low, the supply of brown corundum produced by batch furnaces is slightly higher than that produced by dumping furnaces.

It is expected that in the coming week, due to the strong support of production costs, although the current downstream market demand is weak, the price of brown fused alumina may remain stable.

3. Black Silicon Carbide

This week, with the gradual resumption of production by enterprises in Gansu and the increase in market supply, the price of black silicon carbide has been slightly lowered. It is expected that in the next week, the price of black silicon carbide may stabilize due to the support of costs.

4. Green Silicon Carbide

This week, due to the recent surge in the price of green silicon carbide raw blocks, the price of green silicon carbide micropowder may also increase significantly. A green silicon carbide micropowder manufacturer in Henan Province said: "The company has basically used up the original block stock purchased at RMB 13,300/ton in mid-March, and recently had to buy the original block at a high price of RMB 15,500/ton. Therefore, the company plans to increase the price of micropowder by RMB 1,000 per ton every week. " It is expected that the price of green silicon carbide micropowder may continue to rise sharply in the coming week.

5. Millions of truck drivers are trapped, and logistics are paralyzed due to rising COVID-19 cases

The epidemic in China is rapidly heating up, and provinces and cities have closed highways, paralyzing large-scale logistics, trapping tens of millions of drivers and affecting about three-quarters of China's freight volume.

Some logistics practitioners revealed that in order to prevent the epidemic, many provinces including Jiangsu, Zhejiang, Shandong, Shanghai, Jilin, Anhui, Guangdong, Hebei, Liaoning, and Fujian have recently blocked expressways.

#WhiteFusedAlumina #BrownFusedAlumina #BlackSiliconCarbide #GreenSiliconCarbide

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