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  • Writer's pictureJCT Abrasives

China Abrasive Materials Weekly Price (5-11Apr): Government launched new environmental inspection

Market News

This week, the supply of white fused alumina is still tightening, and the price of raw material alumina has also remained stable, so white fused alumina prices have been operating stably. It is expected that in the coming week, with the continuous reduction of corporate inventories, the spot supply of white fused alumina will be further tight, and the price of white fused alumina may have the opportunity to rise.

This week, although brown fused alumina market supply has further recovered, most of brown fused alumina manufacturers intend to maintain price stability under the strong support of production costs. It is expected that in the coming week, supported by production costs, the price of brown fused alumina in China may remain stable.

This week, due to high production costs, most black silicon carbide manufacturers still tend to slightly increase prices. It is expected that in the coming week, with the recovery of downstream market demand, the price of black silicon carbide may rise slightly.

This week, green silicon carbide raw block prices continue to rise, and green silicon carbide granulating companies want to increase prices. However, because the demand from downstream abrasive companies is still sluggish, and most green silicon carbide abrasive manufacturers still have some stocks, it is expected that in the next week , the price of green silicon carbide may hold firm.

Financial News

1. The Central Environmental Protection Supervision Team is stationed in 8 provinces including Henan and Shanxi

Approved by the Central Committee of the Communist Party of China and the State Council, the Central Ecological and Environmental Protection Supervision Team will soon be stationed in 8 provinces including Shanxi, Liaoning, Anhui, Jiangxi, Henan, Hunan, Guangxi, and Yunnan. District), to carry out the second round of the third batch of central ecological and environmental protection inspections.

2. Ecological and environmental protection inspection team puts pressure on bauxite mines resuming production

After the Spring Festival holiday this year, some bauxite mines in China were affected by multiple factors in the process of resuming production. As a result, the overall supply of domestic ore and the downstream market demand showed a "tight balance". However, due to the new round of inspection carried our by central environmental inspection team, it may break the stable situation of ore prices in the early period, and the price of domestic ore may show a slight upward trend in the later period.

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