China Abrasive Materials Weekly Price (6-12 DEC): Abrasive market mood dips
This week, alumina prices continued to decline. According to industry sources, the spot market price of alumina in Shandong on December 9 was about RMB 3,160/ton. Compared with November 9, the price has dropped by more than RMB 1,000/ton. As the price of alumina is still declining, coupled with the weak downstream market demand, the price of white fused alumina is also difficult to stabilize. It is expected that in the coming week, white fused alumina prices may be weak and stable.
This week, due to weak downstream market demand, some brown fused alumina manufacturers slightly lowered their product prices to stimulate sales. Despite the decrease in downstream demand, brown fused alumina companies have also reduced their output due to factors such as staggered production and heavy pollution weather control.
It is worth noting that the Henan region issued yellow warnings of heavy pollution weather in many places this week. According to relevant regulations, when issuing warnings, strict control measures will be added on the basis of the original "staggered peak production". In the meantime, the Guizhou region officially ushered in the second round of the fifth batch of the central ecological and environmental protection inspection team this week, and China's two major brown fused alumina producing areas have been thus affected to varying degrees. It is expected that in the coming week, brown fused alumina prices may remain stable.
This week, due to environmental supervision and energy consumption control and other factors, some black silicon carbide manufacturers suspended production. Although downstream demand is sluggish, most black silicon carbide manufacturers intend to maintain product prices stable given the firm production costs and reduced supply. It is expected that in the coming week, the price of black silicon carbide may show a firm trend.
This week, supported by production costs, the price of green silicon carbide remained stable. It is expected that in the coming week, affected by factors such as sluggish demand in the downstream market, the price of green silicon carbide may operate weakly and steadily.