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  • Writer's pictureJCT Abrasives

China Abrasive Materials Weekly Price (4-10 SEP): Producers plan to raise price amid cost pressure

According to Antaike research data, as of September 8, 2023, China's alumina spot index was 2928 yuan/ton, the national average price of alumina was 3108 yuan/ton, with alumina prices continuing to rise. The white corundum prices were thus supported by this and run stable. It is expected that in the coming week, if alumina prices continue to rise, white fused alumina manufacturers are likely to raise the prices slightly.

The cost pressure has pushed some brown corundum enterprises to increase the prices, however, as the current downstream demand has not improved significantly, the price adjustment plans are still facing huge resistance. It is expected that in the coming week, brown fused alumina prices may run firm.

This week, demand for black silicon carbide is meeting a tight supply due to a continuous recovery in demand. It is expected in the coming week, the black silicon carbide prices will be in stable operation.

With the slow rebound in market demand, most green silicon carbide enterprises managed to stabilize the price. Supported by the cost, China's green silicon carbide prices may continue to run stable.

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