• JCT Abrasives

China Abrasive Materials Weekly Price (4th -10th April): Raw material prices are still strong


1. White Fused Alumina

This week, the price of white fused alumina in the Chinese market has been slightly reduced. The smelting furnaces in Henan Province have all maintained normal operation. The Shandong area has been affected by the faulty overhaul of power supply units and the production started to stop at the beginning of the week. As a result, the operating rate of the white fused smelter in the domestic market has declined overall. At present, all manufacturers in the domestic market are busy implementing the contracted delivery, and the market supply is still tight. Regarding the value-added tax reduced from 16% to 13%, various manufacturers indicated that they have not lowered their prices due to the fact that electricity prices and raw material prices have not been lowered, and they are affected by environmental inspections and operating costs. Therefore, it is expected that white fused alumina will not significantly reduce prices in the short term.


2. Brown Fused Alumina

This week, the brown fused alumina smelting furnace in Henan started smoothly. Among them, the smelting furnace in the old park of Yichuan has all started, and the Sanmenxia-Shaanxi area has a low operating rate due to large-scale maintenance of the power plant and raising electricity prices. At present, the spot stock of brown fused alumina in Henan is generally low, and the price is stable. In the Guizhou region, brown fused alumina enterprises are affected by the increase in electricity prices, and there is generally no willingness to cut prices. Therefore, although the value-added tax rate is lowered by 3%, due to the tight supply of raw materials, such as bauxite, and the rising price of electricity, brown fused alumina producers generally stick to prices. At present, the domestic brown fused alumina market is deserted, and downstream companies generally hold a wait-and-see attitude. It is expected that the price of China's brown fused alumina market will remain firm next week.


3. Black Silicon Carbide

This week, China's black silicon carbide market spot supply problem has been further alleviated, upstream suppliers generally have a small amount of inventory, downstream demand is still not fully released, new orders are not sufficient, market prices are difficult to continue to rise, it is expected that the next week, black carbonization The market price of silicon will continue to be stable.


4. Green Silicon Carbide

This week, the prices of green silicon carbide original blocks, granular sand, and micro-powders were running at a steady state. The green production plan of green silicon carbide manufacturers in Qinghai has not been approved, and the market supply is still tight. It is expected that the price of China's green silicon carbide market will rise in the coming week.


# White Fused Alumina #Brown Fused Alumina #Black Silicon Carbide #Green Silicon Carbide

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© 2018 by JCT Abrasives Co., Ltd