China Abrasive Materials Weekly Price (4-10 DEC): Year-end restocking activities surge
Near the end of the year, the downstream enterprises have started the restocking, and white fused alumina demand has rebounded to a certain extent. In addition, given the raw material alumina market has been stable recently, it is expected that in the coming week, white fused alumina prices will continue to run stable.
Since mid-November, the northern China has entered the heating season. Right now, the impact of environmental protection regulation on bauxite mining and transportation impact is still controllable, and serious shortages have not appeared.
According to some enterprises in Henan province, the power rate may be increased in December due to the new regulations. It is expected that in the coming week, affected by year-end restocking, coupled with the potential increase in power rate, brown fused alumina price in Henan may appear upward trend.
Recently, petroleum coke and anthracite prices have been running weakly. By the decline in raw material prices and weak downstream demand, coupled with the poor export performance, China's black silicon carbide prices may continue to run weak and stable.
The price of petroleum coke and anthracite coal has been running weakly recently. Affected by the decline in raw material prices and weak downstream demand, China's green silicon carbide abrasive prices may remain stable.